The Utilities Commission is meeting 10/22/2024 at 4:30PM.
They have one action item which is a request to approve a 9% utility rate increase. Back in 2020, the utility had planned to implement annual, smaller rate increases in order to maintain funding levels. At the time, they had expected to implement rate increases of around 4% per year; however, per the staff memo, “The planned rate increases of 4% for future years no longer provides the required revenue to meet cash flow needs and debt coverage. A rate increase of 4% was approved for January 1, 2022, a 7% rate increase was approved for January 1, 2023, and January 1, 2024.”
The committee will also be reviewing the 2025 Utility Department budget and the water main break report for September.
Also of note, the Utility Department has updated its mission statement to now read: “To deliver safe, reliable, and sustainable water and wastewater services that protect public health and the environment, while fostering innovation, efficiency, and community engagement.”
View full meeting details here: https://cityofappleton.legistar.com/MeetingDetail.aspx?ID=1204450&GUID=A52FA7A8-98B4-4132-AB7B-D4F0C911B482
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