8. PUBLIC WORKSHOP TO DISCUSS CHANGES IN WATER RATES AND TO SET A PUBLIC HEARING PURSUANT TO THE REQUIREMENTS OF PROPOSITION 218 The City's consultant, IB Consulting, completed a cost-of-service analysis for the City's Water Enterprise and developed proposed water rates to meet ongoing operational, maintenance, and capital needs while maintaining the requirements of existing bond covenants. City staff requests that the City Council hold a public workshop to discuss the cost-of-service analysis and proposed rates, and set a public hearing for December 5, 2023, to consider the adoption of proposed water rates. - City of Tustin, CA

Meeting: Regular Meeting of the City Council/Closed Session-5:30 pm/Regular Meeting-7:00 pm

Meeting Time: September 19, 2023 at 5:30pm PDT

Agenda Item

8. PUBLIC WORKSHOP TO DISCUSS CHANGES IN WATER RATES AND TO SET A PUBLIC HEARING PURSUANT TO THE REQUIREMENTS OF PROPOSITION 218 The City's consultant, IB Consulting, completed a cost-of-service analysis for the City's Water Enterprise and developed proposed water rates to meet ongoing operational, maintenance, and capital needs while maintaining the requirements of existing bond covenants. City staff requests that the City Council hold a public workshop to discuss the cost-of-service analysis and proposed rates, and set a public hearing for December 5, 2023, to consider the adoption of proposed water rates.