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Consultant recommends five-year utility rate plan for Snowflake, warns of early larger increases
Summary
Dan Jackson of Wildan Financial Services told the Snowflake Town Council a five-year rate plan would fund long-term capital needs; he said initial increases will be larger to build a capital improvement fund, then future rises would track cost of living. Councilors raised questions about conservation options and rate equity.
Dan Jackson of Wildan Financial Services told the Snowflake Town Council during a work session on Oct. 7 that the firm will recommend a five-year utility rate plan designed to fund long-term capital improvements without accruing additional debt. "Everybody is facing the same issue, raising rates 5%-6% each year," Jackson said, adding that the first few years would include larger increases to build a capital improvement…
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