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City manager lays out utility-rate options; council sets Nov. 18 budget workshop
Summary
City Manager Gunderson presented the utility rate study and modeled options to reduce steep short-term water and sewer increases, including one-time transfers to utility funds; council scheduled a budget workshop for Nov. 18 to continue deliberations.
City Manager Gunderson presented the city's utility rate study and three budget scenarios the council can use to reduce the near-term impact of recommended water and sewer rate increases. He said staff supplied models showing the study's recommended increases and alternative scenarios that included a one-time transfer to the water and sewer funds to blunt residents' bills.
Gunderson told council that a one-time transfer of $500,000 to…
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