Title
Authorization on issuing a Request for Proposals (RFPs) for a water and sewer rate study.
Body
Summary:
The City is requesting authorization to seek proposals from qualified consultants to conduct a comprehensive Water and Sewer Rate Study. The intent of the study is to independently assess and evaluate the City’s existing water and sewer rates using financial and consumption information and provide recommendations for water and sewer rates for all customer classes. The objective of the study is to adequately fund water and sewer utility operations, capital costs, and debt service while minimizing rates to the greatest degree possible.
Fiscal/Budgetary Impact:
$50,000 was budgeted in the FY 2018-2019 Budget for this purpose.
Recommended action
Authorize issuance of a Request for Proposals (RFPs) for a water and sewer rate study.