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Statement regarding the City’s position on the outcome of Measure L |
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As read at the November 10, 2008, City Council Meeting:
We will honor the will of the voters and roll back sewer rates to their 2006 level. However, we remain concerned about the financial impacts of Measure L and we will be evaluating how lower revenues will affect our ability to provide ongoing services. For the time being, we will be forced to use reserves to cover the difference between revenues and the cost of operations.
We will continue to monitor the situation and determine what revenue adjustments may need to be made. In the meantime, we need to do the best job possible of communicating to our ratepayers about the many services the City provides and the need for rate increases and why they are necessary to maintain a reliable and efficient sewer system.
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