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Sanford delays utility-rate increase after residents report large bills from new meters; consultants warn of major capital needs
Summary
City consultants recommended a significant multi‑year rate path to cover $282 million in capital needs; after strong resident concern about new meter readings and high recent bills, commissioners voted to continue the rate decision for two weeks for staff to provide additional meter/billing data.
Sanford officials on Oct. 14 paused action on a proposed utility-rate increase after residents reported sharp bill increases following recent meter replacements and asked for a pause to gather more data.
Consultant Sean Ocasio of Raftelis Financial Consultants presented the utility rate study and reviewed the city's capital and operating pressures: construction material indices and chemical costs have risen sharply since 2019, and the city’s five‑year capital improvement plan has grown from roughly $85 million in 2019 to about $282 million in the current plan. Ocasio said the initial recommended option…
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