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Financial workshop: consultants say Well 10 will raise water rates; board approves $14.50 sewer increase for 2026
Summary
Ehlers presented a 10‑year outlook showing that adding a new well project would materially raise the utility rate base; consultants estimated a 30%+ water rate adjustment could be needed and recommended early PSC engagement. Trustees approved a $14.50 quarterly sewer rate increase for 2026.
At a financial management workshop Dec. 15, Ehlers consultant Brian reviewed how adding major capital — including the proposed Well 10 project — affects the village’s water rate base and noted the village likely would not be eligible for the PSC simplified rate case, which limits the village’s short‑term options.
Brian explained PSC procedures for simplified and conventional rate cases and showed modeling that…
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