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Consultant: Wilmar wastewater rates must rise over several years; council schedules Dec. 2 public hearing

Willmar City Council · November 19, 2024
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

Consultant Doug Green told the Willmar City Council that rising debt-service obligations and operating costs mean sanitary sewer revenues should increase roughly 12.5% in 2025, 10% in 2026 and 5% in subsequent years; the council set a Dec. 2 public hearing to consider rate amendments.

A consultant told the Willmar City Council on Nov. 18 that the city’s wastewater utility faces a short-term spike in debt-service payments that likely requires multi-year rate increases to meet bond covenants and operating needs. Doug Green of Baker Tilly, the consultant on the wastewater rate study, said the study’s objective was “to ensure that the rates are sufficient to cover projected operating expenses, capital requirements … and debt service.”

Green showed historical trends and projected a jump in…

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