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Consultant warns of steeper water, sewer rate increases as Cloverdale faces deferred capital needs
Summary
A rate consultant told Cloverdale council that 10-year capital needs and falling water use mean a proposed package of increases (7% per year for five years) is needed to avoid reserve shortfalls; council members pressed staff on delayed projects and transparency.
Mark Hildebrand, the city’s water and wastewater rate consultant, presented preliminary findings on April 22, outlining a 10-year financial plan for Cloverdale’s water and sewer utilities.
Hildebrand said the city could need 7% annual rate increases for five years, followed by additional increases later, to cover higher-than-anticipated capital spending and a sustained drop in water usage. He told the council that capital spending through 2032…
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