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Price City outlines possible water rate increases, weighs higher exchange fees with neighboring systems
Summary
City leaders discussed raising wholesale exchange fees and a series of retail rate increases tied to major water projects, and said public hearings will be scheduled soon.
Price City officials on the council’s regular meeting said they plan to propose higher charges for water exchanges with neighboring providers and a multi-step increase in customer water rates to finance pending treatment and transmission projects.
The councilor who led the discussion said the city’s long-standing interlocal exchange rate — historically set in 1985 — is far below current value and that officials are considering raising the fee to reflect inflation and operational costs. “In 1985, we agreed to 12¢ per thousand pounds exchange rate,” the speaker said, adding that inflation calculations put that figure at about “36¢ in 02/2025” and that a new rate could be “closer to 50¢.”
Why it matters: Council members said the proposed changes are intended to stop effectively giving away local water while the city faces large treatment and pipe projects that will require debt or outside…
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