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HomeMy WebLinkAbout8 Increasing water electric rates Agenda Item # 8 # c Ui " DONNER tility � istrict __ M c� mo To: Board of Directors From: Peter Holzmeister Date: December 16, 2003 Subject: Adoption of an ordinance increasing water and electric rates and connection charges Why this matter is before the board: This matter involves adoption of an ordinance increasing water and electric monthly rates and connection charges. Only the board can adopt an ordinance. History: A draft budget for 2004 has been prepared by staff and reviewed by the board. At this point in the meeting, I am assuming that the board has adopted a budget for 2004. The board will have conducted a public hearing regarding the suggestion that rates and connection charges be increased. New information: Attached is a draft ordinance that increases electric and water monthly rates and connection charges by 5%. The matter will have been discussed in some detail at the public hearing, so I do not plan to repeat the presentation at this point in the meeting. However, I will be happy to answer questions as best I can. Recommendation: I recommend that the board adopt the ordinance increasing water and electric rates and connection charges.