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Commission approves rate increases for Camino Real regional utility to avoid insolvency
Summary
Facing potential insolvency, Doña Ana County commissioners approved a rate increase for Camino Real regional utility customers—raising an example residential monthly charge from about $20 to $27—with ongoing 3% annual increases recommended; commissioners expressed reluctance but concluded there were no viable alternatives.
Doña Ana County commissioners voted Nov. 14 to adopt a rate study recommendation that raises service rates for the Camino Real regional utility (CRU) and implements ongoing 3% annual increases to stabilize the utility’s finances.
Assistant County Manager Stephen Lopez presented the rate study and said CRU’s cash balance could be depleted by April if revenue did not…
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