The Bloomer City Council approved a 31 percent water rate increase at the Jan. 27 regular meeting. Customers will see a larger bill with the March 1 billing cycle; the increase will apply to readings back to Jan.15.
The Wisconsin Public Service Commission authorized the increase on Jan. 14. The new rates will increase utility revenue by $145,859, to $654,344. Without the rate increase the utility would have finished 2010 with a loss of $6,044 in net income.
The utility needed more revenue to finance system maintenance, keep pace with increasing operating costs and make up for declining water sales.
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