In an effort to keep utility rates low, upgrades and replacements for the aging infrastructure have been delayed. Utility rates were raised as part of last year's budget but the City realized it wasn't enough to cover the needs in Public Works. The proposal included in the proposed budget calls for a monthly average rate increase of $65.56 by the end of the five-year period.
| Proposed Rate Increases from FY2016 - FY2020 | ||||||
| FY16 | FY17 | FY18 | FY19 | FY20 | Total | |
| Water Rate Increase | $5.63 | $3.74 | $3.21 | $2.05 | $2.15 | $16.78 |
| Wastewater Rate Increase | $5.78 | $5.84 | $5.12 | $7.68 | $7.22 | $31.64 |
| Sanitation Rate Increase | $0.35 | $1.04 | $2.18 | $1.20 | $1.26 | $6.03 |
| Stormwater Rate Increase | $1.43 | $0.49 | $0.37 | $0.39 | $0.25 | $2.93 |
| Energy Rate Increase* | $2.18 | $1.50 | $1.50 | $1.50 | $1.50 | $8.18 |
| Combined Monthly Increase | $15.37 | $12.61 | $12.38 | $12.82 | $12.38 | $65.56 |
| * Proposed Energy Rate Increases in FY17-FY20 are based on approx. 2% inflation | ||||||
Even with the proposed increases, Provo's rates are still highly competitive and rank below almost all of our neighboring cities. The following graph shows where Provo is expected to be after the FY2016 rates go into effect:
LINKS TO MORE INFORMATION
- Provo City budgets
- Water System Master Plan
- Waste Water Collection Master Plan
- Storm Water Master Plan
- Energy Master Plan
- Council staff memo on utility rate increases
- Council work meeting presentation by Public Works
- Council work meeting presentation by Council staff
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