BES and Water present multi‑billion capital plans, warn reduced rate increases increase long‑term risk
Bureau of Environmental Services and the Water Bureau told council their combined capital and operating plans total billions and said lowering forecast rate increases would yield minor short‑term customer savings but raise long‑term system and fiscal risk.
The full story
Bureau leaders told the council that Portland—s water and sewer utilities face major capital and operating demands and that rate changes, even modest ones, have outsized impacts on the bureaus— ability to maintain infrastructure and comply with regulatory requirements.
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