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PUC staff flags $41M water revenue shortfall, commission discusses rate alternatives
Summary
Staff told the commission the water enterprise faces an approximate $41 million current‑year variance and wastewater about $23 million; commissioners discussed mid‑cycle policy reviews and alternatives to per‑gallon rate structures to resolve conservation‑driven revenue gaps.
San Francisco — At its Jan. 27 meeting the San Francisco Public Utilities Commission reviewed mid‑cycle budget issues driven in part by stronger‑than‑expected conservation.
Charles Pearl, Deputy Chief Financial Officer, previewed Q2 financials and said the water enterprise faces an estimated $41 million variance for the current year and the wastewater…
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