Bloomington board hears sewer utility projecting $60,808 shortfall; rate decision deferred
The village’s sewer utility projects a $60,808 net loss for the coming year; closing the gap would require a 42.35% increase. Trustees discussed focusing increases on usage charges rather than the $61.58 quarterly base fee and postponed a final decision until December.
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President Robert McLimans told trustees the sewer utility is projecting a net loss of $60,808 for the coming year and that addressing the shortfall through rates would require about a 42.35% increase. He reviewed recent increments the village authorized this year (15% increases in the first and second quarters and a prior 10% in the previous year's fourth quarter) and said no further increases can be applied until at least the first quarter of next year.
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