Florida S0940 removes limits on municipal water and sewer utility rates for consumers outside city limits.

Florida S0940 amends the state statutes to remove the limitation on the amount of rates, fees, and charges municipal water and sewer utilities can impose on consumers outside the municipal boundaries. The bill also requires these utilities to submit a rate study every seven years to the Department of Environmental Protection, evaluating future capital investment needs, equity in rates, and cost distribution among customer classes. Additionally, it allows smaller municipalities serving fewer than 10,000 customers to petition for a two-year extension to complete the rate study.

Florida S0940 removes limits on municipal water and sewer utility rates for consumers outside city limits.

Florida S0940 amends the state statutes to remove the limitation on the amount of rates, fees, and charges municipal water and sewer utilities can impose on consumers outside the municipal boundaries. The bill also requires these utilities to submit a rate study every seven years to the Department of Environmental Protection, evaluating future capital investment needs, equity in rates, and cost distribution among customer classes. Additionally, it allows smaller municipalities serving fewer than 10,000 customers to petition for a two-year extension to complete the rate study.