π Proposed Utility Rate Changes: What We Know So Far
According to documents reviewed by Lincoln City Connect, the proposed utility rate restructuring would increase annual utility revenue by approximately $1.83 million, from $10.6 million to $12.4 million per year.
Current Annual Utility Revenue:
π§ Water: $4,913,200
π½ Wastewater: $5,688,199
π Total: $10,601,399
Proposed Annual Utility Revenue:
π§ Water: $5,540,290
π½ Wastewater: $6,886,945
π Total: $12,427,235
Estimated Increase:
π $1,825,836 annually
π Approximately 17.2% increase in total utility revenue
β οΈ Customer Bill Impact Examples
The rate comparison sheet indicates that impacts vary significantly depending on water usage:
β’ Less than 200 cubic feet: No increase
β’ Around 300 cubic feet: Approximately 15% increase
β’ Around 400 cubic feet: Approximately 31% increase
β’ Around 500 cubic feet: Approximately 26% increase
β’ Around 1,000 cubic feet: Approximately 19%β24% increase
The proposal also includes:
β’ Reducing the residential included water allowance from 400 cubic feet to 200 cubic feet
β’ Moving short-term rentals from residential to commercial utility rates
β’ New tiered rate structures
Lincoln City Connect requested additional information from City staff regarding customer usage data, customer counts by usage category, and the overall impacts of the proposal. Additional updates will be provided as information becomes available.
What are your thoughts on the proposed changes?
