Bloomington board hears sewer utility faces $60,808 shortfall; rate decision delayed
Board members were told the sewer utility projects a $60,808 net loss and that covering it would require a 42.35% rate increase; the board postponed any rate decision until December to gather more precise impact data.
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Village President Robert McLimans told the board that the sewer utility is projecting a net loss of $60,808 for the coming year and that raising rates to cover that shortfall would require a 42.35% increase.
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