The Glencoe City Finance and Strategic Planning Committee met at the Glencoe Fire Hall on Wednesday, Jan. 27, and discussed a storm water rate increase, among other topics.
City Administrator Mark Larson introduced a potential storm water rate increase. The rate was last increased in late 2014 from $3.50 to $5 a month, which generates $160,000 in revenue. The new proposed increase would raise the rate to $7.50 in 2016 and to $10 in 2017. This rate would generate an additional $160,000.
This increase is proposed for two reasons: