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The Rolla Daily News - Rolla, MO
  • City of St. James might raise electricity rates beginning in April

  • The City Council on Monday night discussed the possibility of
    increasing its electricity rates by 3 percent beginning in April.
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  • The City Council on Monday night discussed the possibility of
    increasing its electricity rates by 3 percent beginning in April.
    The rate increase would offset the cost of ongoing debt services
    for utilities, City Administrator Jeff Davis told the council members
    at the City's monthly meeting.
    "This probably should have happened a year ago," Davis told
    the council.
    Davis said the City took a loss of $118,000 for the cost of utility
    operation, and he anticipates as much as $120,000 without
    the increase.
    The City has not increased its electricity rates
    since October of 2009. Davis said reserve money
    provided a "cushion" for the loss, but that is
    only a temporary solution.
    "You're looking at $3 for every $100," Davis told
    council members. "...We waited too long to raise our rates."
    After some discussion, the council agreed to revisit
    the item at next month's meeting, where a formal
    resolution will be presented to the council for a vote.
    Davis said if the increase goes into effect in April,
    customers should expect to see the change in June.
    "It's a pretty small increase, but it will generate
    enough to help with out debt service," said Mayor
    Dennis Wilson.
    In other action, the Council also approved an
    Ordinance to allow the City Administrator to file
    suit for property located 110 W.Washington.
    The Mayor and City Council also discussed the
    James Foundation's transfer of the library, park and
    cemetery.
    Davis said the Library Board continues to seek
    an avenue that would be effective for the upcoming transfer of the library to
    the City.
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