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Committee backs recommendation to raise sewer rates, staff proposes 20% FY26 increase or 16% with extended amortization
Summary
The Finance Committee voted unanimously to forward to the City Council a staff recommendation for FY2026 wastewater collection utility financial forecasts and amended rate schedules; staff proposed a 20% rate increase for FY26 to rebuild depleted reserves and cover rising treatment and operating costs, with a 10-year amortization alternative that would reduce FY26’s increase to about 16%.
City staff presented the wastewater financial forecast and rate-schedule recommendation, asking the Finance Committee to forward a resolution to the City Council approving the FY2026 wastewater collection utility financial forecast and amended rate schedules. Brad Eggleston, Director of Public Works, and other wastewater staff explained that the utility’s reserves are depleted and that the regional Silicon Valley Clean Water plant is undergoing major projects with increasing treatment costs; staff proposed a 20% rate increase for FY26 aimed at replenishing reserves and funding minor capital needs at the treatment plant.
Staff said if the outstanding authorized amount for minor…
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