Fort Morgan: Council hears that the city needs to bump rates 5% in each of the next two years

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From The Fort Morgan Times (John Brennan):

Council members seemed to agree on the need for the water rate increases, and Mayor Terry McAlister directed the city staff to bring back a proposal soon that the council could vote on.

The biggest reason for the rate hikes is the looming $40 million debt that the city will incur when its share of the cost of the Northern Integrated Supply Project (NISP) starts coming due in the next several years, Ullman noted.

The good news, which came out of an accompanying study of city sewer rates presented by Ullman at Tuesday’s council work session, is that he sees no need for an increase in those rates at this time. He did, however, suggest that the city raise its plant investment fee, or sewer tap fee, for new hookups to the sewer system.

More Morgan County coverage here and here.

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