Residents voiced their concerns during a recent government meeting regarding the rising rates that have made living in the city increasingly unaffordable. One long-time resident expressed frustration over the impact of rate increases on established community members, noting that friends have already left the state due to financial pressures. The resident urged city officials to consider measures that would protect long-term residents, such as grandfathering policies, rather than continuing to raise rates.
In response, Council Member Floyd acknowledged the ongoing challenges with rate increases, revealing that he had voted against last year's hike. However, he highlighted recent changes to the retail rate structure aimed at alleviating the burden on lower-usage consumers. Floyd emphasized the importance of these adjustments, which he believes will lessen the financial impact on residents who use less energy.
Additionally, Floyd addressed the issue of Stewart capacity fees, stating that previous rates allowed developers to contribute insufficiently to the city's infrastructure. He argued that this situation unfairly placed the financial burden on regular residents, and he expressed satisfaction with the steps being taken to rectify this imbalance.
The discussions reflect a growing concern among residents about affordability and the need for equitable solutions as the city continues to develop.