OCALA, FL (352today.com) – As part of a broader update to the city’s utility rate structure, Ocala residents and businesses can expect gradual increases to their water and sewer bills over the next several years.
The Ocala City Council voted unanimously on June 17 to adopt new water, wastewater, and reclaimed water rate schedules, as well as updated service and connection fees. The approved plan stems from a financial forecast developed by the city’s water resources department and Raftelis Financial Consultants, Inc.
“The city’s utility system has been significantly impacted by a rate of inflation, not only on the operating expenses, but also the capital requirements,” said Sean Lanier, City of Ocala engineer and water resources director. He noted that ongoing capital needs have been funded from reserves — a practice the city found unsustainable…