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Council-backed rate study and BPA cost risk shape utility budgeting
Summary
Staff discussed restored authority to set water and wastewater rates (SB 1062), an ongoing comprehensive rate study, a 10% base fee increase already adopted, and electric-cost risk from potential BPA price changes that could push power costs higher.
Paula told the committee that Senate Bill 1062 (effective Jan. 1) restored the council’s authority to adopt water and wastewater rate adjustments by majority vote and that the council has accepted a comprehensive rate study now underway. She noted a 10% base fee increase adopted on March 2 to start addressing the gap between user fees and operating costs.
Kevin, the electric supervisor, warned that Bonneville Power Administration costs could rise if a court injunction forces higher dam spill; he said, "they're thinking it might be a 7% increase," but described that figure as an early estimate. Paula also explained the budget moves contingency funds into a $1,000,000 substation savings account to prepare for a substation replacement expected within five years.
