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4 <br />•Water <br />•The scenario presented proposes increase of 15% increase to usage rates and 15% increase to <br />fixed rates in throughout the life of the plan (2026 – 2030). It should be noted the fund is not <br />projected to meet the targeted cash reserves in year 2030 but does achieve a positive cashflow and <br />positive cash balance at the end of the plan in year 2030. It should also be noted that Water revenue <br />has declined over the past few years (2022 – 2025 projection) <br />•Sewer <br />•The scenario presented proposes increase 3% increase to the fixed rates throughout the life of the <br />plan (2026 – 2030). The projected increase is made to ensure the City keeps consistent with <br />inflation and increase in future expenses. The fund is projected to meet the targeted cash reserves <br />and have a positive cashflow at the end of the plan in year 2030. <br />•Stormwater <br />•The scenario presented proposes a 10% increase to fixed rates in 2026, and 5% thereafter <br />throughout the life of the plan (2027 – 2030). The projected increase is made to ensure the City <br />meets projected targeted cash reserves and a positive cashflow at the end of the plan in year 2030. <br />Important Reiteration: The recommended increases are made to ensure the City meets projected targeted <br />cash reserves and a positive cashflow at the end of the plan in year 2030. <br />Utility Rate Recommendations