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Bloomington board hears sewer utility faces $60,808 shortfall; rate decision delayed
Summary
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.
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.
Clerk Shawna Atterbury explained that, unlike water rates, sewer rates are not regulated by the Public Service Commission and thus the village can set sewer rates as it sees fit. The board discussed whether to raise the base quarterly rate (currently $61.58) or focus increases on usage charges. They agreed to postpone any final decision until the December meeting so staff can calculate the exact financial impact of various options.
No motion to set new rates was made; the board asked staff to prepare detailed scenarios before taking action.
