AGENDA CAPTION:
Title
Receive a Staff Presentation and hold a Public Hearing to receive comments for or against Ordinance 2021-68, increasing the rates for Electric Utility Services; and including procedural provisions; and providing an effective date; and consider approval of Ordinance 2021-68, on the first of two readings.
Body
Meeting date: September 7, 2021
Department: Marie Kalka, Director of Finance
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Background Information:
The City of San Marcos conducts an annual Electric rate study which was reviewed by the Citizen's Utility Advisory Board (CUAB) and staff. The CUAB recommends rate adjustments and rebalancing between classes to electric rates for fiscal year 2022. These adjustments will increase the average residential bill by $5.31 per month or $63.72 annually.
During a Council work session council approved the fee adjustment as well as an increase to water, wastewater, stormwater, and resource recovery. Total estimated impact to average residential customer is $9.50 monthly, or $114 annually for electric, water, wastewater, stormw...
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