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Council adopts water rate plan, approves ordinance repeal to implement new rates
Summary
Fountain City Council adopted Resolution 25‑007 to implement the first two years of a five‑year water rate plan and approved an accompanying ordinance repeal on second reading to allow the new rates to take effect.
Fountain City Council voted Feb. 25 to adopt a multi‑year plan to raise water rates and to repeal the existing rate ordinance so new charges can take effect.
City finance staff and utilities presented a five‑year water cost of service study and a rate design intended to generate revenues sufficient to meet projected expenses, eliminate an interfund payable owed to the electric utility and build an operations and maintenance reserve equal to at least three months of operating costs. The city presented the study and solicited public input in…
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