Riverton Council approves utility rate increases
(Riverton, Wyo.) – It’s been two years since the City of Riverton has increased utility rates. On Tuesday, the Riverton City Council approved three resolutions supporting rate increases to the Water Fund, Wastewater Fund and Sanitation Fund. These rates are effective as of the April 15th through May 15th billing period.
- Resolution #1352 supports a 6 percent increase to the Water Fund.
- Resolution #1353 supports a 3 percent increase to the Wastewater Fund.
- Resolution #1354 supports a 3 percent increase to the Sanitation Fund.
During the April 11th work session of the City Council, utility rates and potential increases to fees were discussed. During that work session, it was brought up that there is a need to update and maintain a depreciating system. Many of the city’s water and sewer lines are undersized, compromised, or built of unsuitable material. In addition, the City also faces a need to prepare for scheduled capital investments such as the North Federal utility reconstruction. Furthermore, the water and wastewater funds have specifically experienced significant impacts in recent years related to infrastructure improvement projects. These impacts have adversely affected the remaining cash and reserve balance of these funds.
City of Riverton Public Works Director Kyle Butterfield stated the budget impact of the approved resolutions are as follows:
- Resolution 1352: This increase will generate approximately $148,164 in revenue.
- Resolution 1353: This increase will generate approximately $53,257 in revenue.
- Resolution 1354: This increase will generate approximately $65,052 in revenue.
Council member Kyle Larson asked how much the average consumer’s water bill be raised?
Mia Harris, Finance Division Manager, presented figures based on 4,000, 8,000 and 10,000 gallon usage.
- 4,000 gallons: Water bill is currently $26.46 and would increase to $28.04.
- 8,000 gallons: Water bill is currently $36.08 and would increase to $38.25.
- 10,000 gallons: Water bill is currently $40.92 and would increase to $46.43.
A public hearing was held for these resolutions, but no one spoke during that time.