Consultant recommends modest, phased utility-rate increases to fund aging systems
Jun 17, 2024
GovReach consultant Brian Mance told the Edgewater council that modest, multi-year rate increases would preserve utility cash reserves, meet debt-coverage targets and fund roughly $42.3 million in water and sewer capital needs through 2029, while keeping bills below EPA affordability thresholds.
The full story
Brian Mance, a consultant with GovReach, told the Edgewater City Council on Wednesday that the city should adopt modest, phased increases in water, sewer, reclaimed-water, solid-waste and stormwater rates to preserve access to capital and cover aging infrastructure.
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