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Austin Water projects 7.8% FY27 rate increase, warns reserves will dip as $2.74B CIP continues
Summary
Austin Water staff told the Water and Wastewater Commission budget committee that a proposed 7.8% rate increase for FY27 (adding about $7.76 to the average monthly residential bill) is part of a FY27–31 forecast to support a $2.74 billion capital program and customer assistance expansion; the committee set June 11 for the next meeting and approved the budget schedule.
Austin Water staff told the Water and Wastewater Commission budget committee on the utility’s first FY27 budget subcommittee meeting that the utility plans a 7.8% rate increase for FY27 and a multi-year plan to stabilize financing for a large capital program.
"The 7.8% rate increase for '27 will add approximately around $7.76 to the combined average monthly residential bill," said Tina Romero, acting assistant director of financial services for Austin Water, describing the forecast that extends through FY31 and projects a cumulative rate increase of about 27% over the five-year window.
Joseph Gonzales, Austin Water’s deputy director for business services, reviewed the schedule and told commissioners the proposed budget will be submitted to the city budget office in mid‑July, with a council presentation set for July 16 and a narrow window afterward for the commission to prepare a recommendation. "That 13-day window is why we added another special…
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