Edmond City Council is considering three options for adjusting utility rates as part of the Fiscal Year 2026 budget workshop held on April 14, 2025. The proposed changes aim to address funding requirements and build reserve balances for the city's utility services.

The first option presents a steep increase in rates, designed to recover all necessary funding in the first year. The second option offers a more moderate approach, spreading the increases over three years. The third option proposes a gradual five-year phase-in of rate adjustments. Each scenario outlines the expected monthly changes for residents, with the first option allowing the city to fully meet reserve targets by the beginning of fiscal year 2028.

Comparative analysis with neighboring municipalities shows that Edmond's rates, including recycling charges, remain competitive. While cities like Moore, Newcastle, and Yukon operate self-service recycling, Edmond provides a higher level of service, including unlimited on-call bulky item collection, which is only matched by a few other cities in the region.

The council acknowledged that while Edmond's rates are currently favorable, other municipalities may also need to raise their rates due to industry pressures, including rising vehicle costs and tariffs. However, a slight decrease in fuel costs could provide some relief.

As the council deliberates on these options, the decisions made will significantly impact residents' utility bills and the overall financial health of the city's utility services. The council is expected to continue discussions and finalize the budget in the coming months, ensuring that the community's needs are met while maintaining service quality.