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Wasco staff: five‑year water rate schedule enters final year; tank grant could allow capacity for about 400 homes
Summary
Staff told council the current five‑year water-rate plan enters its final year on July 1, 2026, and that the city has used enterprise reserves to smooth increases; staff also said a CDBG grant application for a water tank could add capacity the city estimates might support roughly 400 new homes if awarded.
Wasco City staff briefed the council on water-enterprise finances and capacity options, including how a mix of reserves, rate policy and grants shape near-term decisions. Staff reminded the council the current five‑year rate schedule enters its final year July 1, 2026; a rate study under way anticipates phasing out the internal subsidy so modest rate increases thereafter will cover long‑term operating and capital costs.
Budget staff explained the city intentionally used some…
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