FY2013 - FY2016 Rate Proposal
This page contains FY2013-2016 Rate Proposal Summary Overview, Rate Recommendation Report of the Rate Commission to the Board of Trustees, Exhibits.
On May 10, 2011, MSD staff presented a proposal to our Rate Commission recommending customer wastewater rate increases to help fund more than $1 billion in needed wastewater system improvements between Fiscal Years 2013 and 2016.
After a process that included several public hearings, the Rate Commission recommended a proposal that consisted of a series of smaller rate increases to MSD’s Board of Trustees in October 2011. The Board of Trustees approved the proposal in December 2011.
In June 2012, voters approved Proposition Y, which allows MSD to issue $945 million in bonds. MSD’s Board of Trustees approved the issuance of the bonds, and the rate proposal took effect July 1, 2012. The first round of bonds were issued in August 2012.