Aldermen Perfect Water-Rate Bill, Add Required Cost-of-Service Study
The Board of Aldermen perfected Board Bill 25 on June 12, 2026, advancing a plan of multi-year water-rate increases, RAM settlement funds and future bonding to address the utility’s shortfalls; the measure was amended to require procurement of a class cost-of-service study by June 30, 2027.
The full story
An alderman filed and moved forward a multi-part plan to shore up the city’s water utility on June 12, asking the Board of Aldermen to approve multi-year rate increases, use RAM settlement funds and enable future bonding to meet more than $700 million in capital needs.
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