Attachment A
Table 1. Draft and Final Annual Water Rate Increases (%) for Five Year Period.
Year % Water Increase Presented at April
15th City Council Meeting
Revised % Water Increase Approved
at May 6th City Council Meeting
FY 24/25 60% 20%
FY 25/26 5% 20%
FY 26/27 5% 20%
FY 27/28 3% 15%
FY 28/29 3% 5%
Table 2. Updated proposed annual water system connection fees.
Meter Size Current FY 24/25 FY 25/26 FY 26/27 FY 27/28 FY 28/29 5/8” by ¾” $2,165.00 $2,469.60 $2,774.20 $3,078.80 $3,383.40 $3,688.00 1” $5,542.00 $6,277.40 $7,012.80 $7,748.20 $8,483.60 $9,219.00
1.5” $12,470.00 $13,663.60 $14,857.20 $16,050.80 $17,244.40 $18,438.00 2” $22,170.00 $23,636.20 $25,102.40 $26,568.60 $28,034.80 $29,501.00 3” $49,882.00 $51,706.00 $53,530.00 $55,354.00 $57,178.00 $59,002.00 4” $88,678.00 $89,380.60 $90,083.20 $90,785.80 $91,488.40 $92,191.00 6” $199,526.00 $184,382.00 $184,382.00 $184,382.00 $184,382.00 $184,382.00