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BEGIN:VEVENT
DTSTART:20110720T013000Z
DTEND:20110720T013000Z
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SUMMARY:Proposed Water Rate Increase Hearing
DESCRIPTION:The Fullerton City Council will hold a public hearing Tuesday\, July 19\, to receive citizen comment on a proposed multi-year increase in water rates to fund capital improvement projects and increasing water supply costs.\n\n\n\nDave Schickling\, city water system manager\, said a comprehensive water rate study was conducted to determine the appropriate level of revenue required to fund rehabilitation and replacement of the city's aging water system infrastructure. \n\n\n\n"Proper funding of these capital improvement projects will ensure the delivery of reliable and high-quality water to all our customers now and into the future\," he explained.\n\n\n\nSchickling said the water rate study concludes the city will need to generate an additional 6 percent in revenue annually over each of the next five years in order to fund necessary capital improvement projects over that same period.\n\n\n\nIn addition\, the projected water supply "pass-through" costs for fiscal 2011-12 will require an additional 1.8 percent increase in charges.  \n\n\n\nPass-through costs are related to imported water supplies and pumped ground water charges imposed by the MWD and the Orange County Water District\, and any increase in electrical pumping cost\, over which the City has no control.\n\n\n\nIf the council approves the increase it will take effect Aug. 1.
X-ALT-DESC;FMTTYPE=text/html:<span style="font-size: 12px"><span style="font-family: arial"><span style="color: black">The Fullerton City Council will hold a public hearing Tuesday\, July 19\, to receive citizen comment on a proposed multi-year increase in water rates to fund capital improvement projects and increasing water supply costs.</span><br />\n<br />\n<span style="color: black">Dave Schickling\, city water system manager\, said a comprehensive water rate study was conducted to determine the appropriate level of revenue required to fund rehabilitation and replacement of the city&rsquo\;s aging water system infrastructure.&nbsp\;</span><br />\n<br />\n<span style="color: black">&ldquo\;Proper funding of these capital improvement projects will ensure the delivery of reliable and high-quality water to all our customers now and into the future\,&rdquo\; he explained.</span><br />\n<br />\n<span style="color: black">Schickling said the water rate study concludes the city will need to generate an additional 6 percent in revenue annually over each of the next five years in order to fund necessary capital improvement projects over that same period.</span><br />\n<br />\n<span style="color: black">In addition\, the projected water supply &ldquo\;pass-through&rdquo\; costs for fiscal 2011-12 will require an additional 1.8 percent increase in charges.&nbsp\;&nbsp\;</span><br />\n<br />\n<span style="color: black">Pass-through costs are related to imported water supplies and pumped ground water charges imposed by the MWD and the Orange County Water District\, and any increase in electrical pumping cost\, over which the City has no control.</span><br />\n<br />\n<span style="color: black">If the council approves the increase it will take effect Aug. 1.</span><br />\n<span style="color: black">&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;</span></span></span>
LOCATION:The hearing will be at the council's 6:30 p.m. session\, which will be held in the Council Chamber of Fullerton City Hall\, 303 W. Commonwealth Ave.
UID:e.887.4411
SEQUENCE:3
DTSTAMP:20260430T021742Z
URL:https://nocchamber-gzcms.preview.gochambermaster.com/events/details/proposed-water-rate-increase-hearing-4411
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