Cost and funding

by osmith,

The current project cost estimate is over $200 million (taking into account inflation through 2023). A rate study is currently being conducted to determine the needed increases for the project. If the upgrade is paid for using only City revenue, the average rate impact is estimated to between $30-$35/month per household. The exact rate impacts over time will be developed later in the project as construction costs can change as design develops. We will share rate, cost estimate, and funding information with the community and City Council as we develop them through the project.

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