Water and Wastewater Utility Affordability The Cape Coral Florida Experience

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Donald A. Forrer
Charles Ehart
Acie S. Forrer

Keywords

utility rates, rate model, municipal bonds, debt service, city government

Abstract

This study describes the trials and tribulations of a growing city involved in maintaining utility rates at an affordable level while completing a one billion dollar utility expansion. Emphasis is on the political and financial issues faced by management. This research deals exclusively with utility rate issues within the City of Cape Coral Florida during rapid growth and utility expansion. The analysis alludes to issues with affordability when the expansion is stopped, but bonds for a new water plant must be paid.

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