Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Consultant tells Benton City council a multi‑year rate plan is needed to fix utility deficits; water could rise 12% in 2025

Benton City Council · December 18, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A consultant presented a 20-year water and sewer financial plan showing a 2024 water revenue shortfall of about $73,000, and recommended a multi-year rate plan (roughly 12% in 2025, then 9%, 7% and 4%) to meet operating needs, build 90‑day reserves and begin addressing capital needs.

BENTON CITY — A utility financial plan presented to the Benton City Council on Dec. 17 concluded the city’s water and sewer utilities need near‑term rate increases to stop tapping reserves and to build a modest capital fund.

Angie, a consultant with FCS, told the council the study models 2025–2030 fiscal scenarios and recommends a multi‑year package for water and sewer. “If we did absolutely nothing with rates we become more deficient over time,” she said, adding that a 12% water increase in 2025 followed by 9%, 7% and 4% would begin to correct an operating deficit and reach a 90‑day operating reserve target by about 2028.

The consultant…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans