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Consultant’s cost‑of‑service study leads board to adopt a five‑year, small‑step rate design
Summary
Jackson Thornton presented water and sewer cost‑of‑service studies showing FY25 revenue requirements and FY30 projections; the board adopted a five‑year rate design that phases modest customer‑charge and volumetric increases to reach near‑full cost recovery by FY2030.
Jackson Thornton consultant Sarah presented the utility’s water and sewer cost‑of‑service studies, concluding that modest, phased rate adjustments are warranted to maintain revenue sufficiency and support planned capital projects.
Sarah summarized the study objectives — revenue sufficiency, equity across rate classes, affordability and defensibility — and walked the board through FY25 base results and a pro forma to FY30. For the water system she said the FY25 total revenue requirement is $18.9 million and “your…
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