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Consultants recommend final 10% utility rate increase in 2026 to fund $92 million CIP
Summary
RAFTELUS consultants presented the Village of Wellington with a five-year water and sewer revenue forecast and recommended the village implement the final year of a previously announced three‑year, 10% rate‑adjustment program in fiscal 2026 and then return to annual indexing tied to the higher of CPI or the water/sewer maintenance index.
RAFTELUS consultants presented the Village of Wellington with a five-year water and sewer revenue forecast and recommended the village implement the final year of a previously announced three‑year, 10% rate-adjustment program in fiscal 2026 and then return to annual indexing tied to the higher of CPI or the water/sewer maintenance index.
The recommendation was presented at a council workshop by Joe Williams and Michael Noga of RAFTELUS and introduced by village staff (Tanya Quicke). RAFTELUS said the village faces 4.5%–5% annual increases in operating costs over the forecasting period and identified a $92 million capital improvement program (CIP) over six years, which they summarized at about $12–$15 million per year.
The consultants said the recent 10%…
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