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Fulshear hears multi-year water and wastewater rate options as city plans major infrastructure borrowing
Summary
Consultants and city staff presented a five-year rate study Nov. 18 that ties much of the proposed water and sewer rate increases to $212 million in planned capital projects and new debt; council asked for additional scenarios and delayed any vote until a future meeting.
Fulshear — City consultants and staff told the City Council on Nov. 18 that a large share of forthcoming water and wastewater rate increases are driven by planned capital projects and related debt, and they presented three options for how the city could structure sewer increases and modest water base-fee changes.
"When the well is dry, we learn the word water," consultant Nalisa Hedden told council as she framed the city’s challenge in both regulatory and financial terms. Hedden said the rate study uses a five-year revenue-requirement approach that layers operations, maintenance and debt service and relies on the American Water Works Association methodology the city contracted to use.
Why it matters: staff and the consultant said recent and anticipated projects — the water and wastewater master…
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