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Upland adopts first-ever utility reserve policy, carves out PFAS fund
Summary
The Upland City Council unanimously adopted a comprehensive reserve policy for its water and sewer enterprise funds, establishing operating, capital, rate-stabilization and PFAS-specific reserves and committing staff to clearer public outreach about PFAS risks and funding uses.
The Upland City Council on April 13 adopted the city's first comprehensive utility reserve policy for its water and sewer enterprise funds, a measure staff said is designed to reduce the need for costly bonding and to set aside money for emerging contaminants.
Assistant City Manager Damien Arula and public works staff told the council the policy establishes target minimum and maximum reserve levels for debt service, operating needs, capital replacement, rate stabilization, and dedicated reserves for PFAS and TCP…
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