The City plans to develop new policies about utility rates to ensure consistent service, protect quality of life and natural resources, and provide financial stability to operate, maintain and upgrade utility systems.
Utility Rate Program
The City delivers clean water, conveys and treats wastewater, and manages stormwater for a population of over 75,000 . Funding for utilities’ operations and capital investment comes primarily from user rates, and when the work is directly attributable to new development, system development charges. Over time the City has increased its utility rates to maintain the system, meet regulatory requirements and improve and expand the system where needed.
Need for utility rate modernization
While in recent years we have made rate increases to respond to infrastructure needs, the increases have been largely project specific. The staff, community, and council have identified the need to review the rate structures for the utilities to better address long term financial stability of the utilities, equity across ratepayers, and efficient use of resources. This process will start with defining needs, values, objectives and priorities for utility rates. Then we will explore options for rate structures that best meet these.