Village of New Glarus Approves Water Rate Increase
August 17, 2017
The New Glarus Village Board met on August 1, 2017, at 7:00 p.m., in the Village Hall Boardroom.
During the meeting, Dave Maccoux of Schenck SC informed the board about the results of the water rate case study and recommendations regarding the water rates for utility users. He noted a steady decrease in rate of return from 2012 with an estimated rate of return for 2017 at .78%. Contributing factors to the decrease have been steady revenue sales; inflationary rate increases to operating expenses and increased capital expenses, which result in not only expense for the capital project, but...
For access to this article please
sign in or
subscribe.