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Queen Creek council approves notice to set May public hearing on proposed 15% water rate increase

2520350 · March 6, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council voted unanimously to publish a notice of intent to set a public hearing on a proposed 15% increase to monthly water rates. Staff said the increase would stabilize the water fund, support an upcoming loan restructuring and preserve debt coverage while a longer rate study proceeds.

The Queen Creek Town Council voted unanimously to approve a notice of intent to set a public hearing on a proposed 15% increase to monthly water rates. The notice starts a 60‑day public notice period ahead of a May 7 hearing; if the council later adopts rates, state law requires a 30‑day waiting period and staff said the first bills reflecting a final increase would be mailed the week of July 29.

Deputy Town Manager and Chief Financial Officer Scott McCarty described the request as an immediate step to stabilize the utilities fund and to meet debt coverage requirements tied to an $85 million loan tied to water supply purchases and infrastructure. "This item tonight is to start the…

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