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Council OKs 4.5 percent power-rate increase
To help balance the citys 2016-17 budget, the Forest Grove City Council has unanimously approved a rate increase for the citys Light & Power subscribers as of Jan. 16.
Following a December 2014 study, city staff determined a Light & Power rate increase of 6 percent per year for four years
starting January 2015 would be necessary to continually
meet service demands and to upgrade aging equipment as necessary.
After reviewing this coming years prospective budget needs, however, staff chose instead to recommend an increase of only 4.5 percent, equating to an average residential bill of $78.19 per month a $3.37 per month increase from what customers paid in 2015.
City staff will continue to monitor the citys financial needs and only recommend increases as those needs dictate. But with two more years of increases remaining as directed by the original study, Forest Grove residents shouldnt expect this to be the last increase theyll pay.