The City of Columbia Water Utility has contracted with Raftelis Financial Consultants, Inc. to conduct a Comprehensive Water Cost of Service Studyopens in a new window. A critical focus of the study was to establish a new rate structure that fulfills our financial needs and meets current objectives of the utility. Work sessions were conducted with the Water & Light Advisory Board and City Council to discuss setting water rate objectives and priorities. As a result of this work, the consultant has proposed the addition of a third water rate tier. This third tier is structured to recover cost from the customers who place increased demands on the system during times of peak water production while sending a strong pricing signal that Columbia values water conservation.
The Water & Light Advisory Board will hold a special meeting to hear from City staff and the consultant on the proposed water rates structure. This forum will also be used to receive comments from members of the community. Press Release available.
Interested Parties Meeting:
Wednesday, November 7
6 to 8 p.m.
City Hall, 701 E. Broadway