Explanation
BACKGROUND: As a result of the Sewer and Water Advisory Board's October 15, 2003 water rate review, the Board recommends a 7.25% rate increase in our current water rates for Inside and Outside City Customers, for fire protection services inside the City, and for our Mastermetered Customers. These rate increases will fund increasing capital improvement projects relating to the addition of supplies needed for the future. Therefore, we would like to amend Sections 1105.04, 1105.05 A, 1105.05 B, 1105.055 A, and 1105.10 of the Columbus City Code, 1959, effective January 1, 2004, relating to 2004 water rates of the Division of Water.
FISCAL IMPACT: The Division of Water expects an increase of 7.25% to our overall revenue.
Title
To amend the Columbus City Codes, 1959, as it relates to 2004 water rates for customers of the Division of Water.
Body
Open attachment Ord2380-2003.doc