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UPC reviews adopted utility financial policy, rate consultant role and affordability outreach; approves invoices and 2025 meeting schedule
Summary
The Utility Policy Committee reviewed the city-commission-adopted utility financial policy, discussed rate-consultant engagement for 2026, heard a fiscal summary showing higher revenues and planned affordability outreach, approved two professional invoices (one abstention), and set the 2025 meeting schedule.
The Utility Policy Committee on Jan. 9 reviewed a city-commission-adopted utility financial policy and discussed UPC responsibilities under the city's water-services contract, the use of rate consultants, the fiscal-year 2024 financial summary and the water affordability outreach plan for 2025.
City staff noted the City Commission adopted the Utility Financial Policy Dec. 2; the policy and its appendix will guide the rate consultant and UPC oversight. Committee members agreed the UPC should continue to have the option to select or review rate-consultant work and to request supporting records annually…
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