Consultant recommends water, sewer rate hikes
McCOOK, Neb. — A consultant is recommended major increases in water rates to keep up with inflation and other factors.
At Monday’s City council meeting, PFM Financial Advisors LLC representative Mather Stoffel CFA recommended a proposed rate hike, scheduled to take effect in May 2024, of 8.5% increase in water charges, followed by subsequent increments in October and annually through October 2026. Additionally, there’s a proposed 7.5% rise in fees for wastewater services.
This adjustment is motivated by anticipated changes in water usage patterns, rising operational expenses, and the planned investments in improving and repairing the water system infrastructure, he said.
City Manager Nate Schneider pointed to crucial capital improvement projects, stressing the importance of upgrades such as vessel enhancements, media replacements, distribution initiatives, and a filtration system overhaul aimed at resolving long-standing issues with discolored water. Schneider also emphasized the urgent need for improvements at the wastewater treatment plant.
Speaking on the necessity of these rate adjustments, Schneider emphasized the city’s duty to ensure adequate funding for essential infrastructure. Despite acknowledging the potential strain on ratepayers, he emphasized the pivotal role of water and sewer systems in fostering a thriving community.
“Nobody welcomes rate increases. We strive to manage ratepayers’ funds responsibly. However, without water and sewer services, our community cannot thrive,” said Schneider.
This proposal is part of a strategic plan to prevent sudden spikes in rates, recalling a substantial 21% increase in 2006 following several years of no rate hikes.
Community Hospital CFO Sean Wolfe and Architect Matthew Clause of W Design Associates addressed the council regarding a special exemption for a residential property at 409 West 1st.
The exemption, unanimously granted, will allow the establishment of a 12-unit multifamily structure to accommodate students undergoing various training programs at the hospital, promoting convenience and community engagement.
The City Council also backed a proposal for Denver Air Connection to operate 12 weekly nonstop round trips from McCook Ben Nelson Regional Airport to Denver International Airport. Mayor Linda Taylor emphasized the airport’s significance as a crucial asset, highlighting the importance of improving regional connectivity and transportation options.
As the meeting concluded, the council entered an executive session to discuss matters relevant to public interest, including potential real estate acquisitions for a prospective sports complex.