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Council reviewed a 10-year utility rate study (through 2035, 4% inflation) presented by HDR that identified a large funding gap in the water utility and sustainable positions for sewer and stormwater. Council reached consensus to maintain the current rate structure with proportional increases, support transparency and conservation incentives, and directed further analysis of multifamily and commercial usage. Staff will provide a detailed presentation at the August KFS Utility Rates Work Session, with additional sessions possible.
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