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Herriman says water-rate increase for next year now expected around 6.5% after staff re-evaluation
Summary
City officials said a previously forecast ~13% water-rate increase has been re-evaluated and is now expected to be about 6.5% next year; staff attributed the change to stronger-than-expected reserves and said they will use reserves to smooth the increase and re-evaluate annually.
Herriman officials told listeners the city's expected water-rate increase for the coming year is now approximately 6.5 percent after staff updated assumptions in a prior rate study.
The host explained that a rate study completed in 2023–24 had projected larger increases: roughly 16.3% previously, then an expected ~13% for the current year and additional increases planned for 2026–28. "We reevaluated that and what was the…
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