Water Rates
RESOLUTION NO 2023-015
BE IT RESOLVED by the Indianola Municipal Utilities Board of Trustees that Resolution No. 2022-018 be repealed, and that this resolution be substituted in lieu as follows:
- Section 2.4 Rates for Water Services
Rate classes and availability are as follows:
2.4(1) City Residential Service
| Monthly customer charge (includes the first 1,000 gallons used) | $11.25 | |
| All consumption over 1,000 gallons per month (per 1,000 gallons) | $7.00 |
2.4(2) Fire Protection Service Inside City Limits
| Connection Size | Annual Charge | |
| 2″ | $16.75 | |
| 4″ | $66.00 | |
| 6″ | $152.00 | |
| 8″ | $270.00 |
2.4(3) Fire Protection Service Outside City Limits
| Connection Size | Annual Charge | |
| 2″ | $25.00 | |
| 4″ | $100.00 | |
| 6″ | $227.00 | |
| 8″ | $404.00 |
2.4(4) Commercial Water Service
| Monthly customer charge (includes the first 1,000 gallons used) | $11.25 | |
| All consumption over 1,000 gallons per month (per 1,000 gallons) | $7.25 |
2.4(5) Irrigation Water Service
| All consumption (per 1,000 gallons) | $7.25 |
2.4(6) Reserved
2.4(7) Government Service
| Monthly customer charge (includes the first 1,000 gallons used) | $11.25 | |
| All consumption over 1,000 gallons per month (per 1,000 gallons) | $7.25 |
2.4(8) Large Water Contracts
Rates for water service for large water contracts shall be pursuant to the provisions of written contract entered into by the customer and the Indianola Municipal Utilities.
2.4(9) Reserved
2.4(10) Maintenance/Capital Adjustment
The Board of Trustees shall periodically make a determination of whether the water utility has experienced an unusual maintenance or capital expenditure. The expenditure of a sum in excess of $150,000 for maintenance or $500,000 for capital improvement in any one calendar year shall be considered an unusual maintenance or capital expenditure. A maintenance surcharge or credit may be administratively imposed at the same rate per 1,000 gallons for all services to recoup these unusual maintenance or capital expenditures.
2.4(11) Temporary Service
Metered:
| Monthly customer charge (includes the first 1,000 gallons used) | $11.25 | |
| All consumption over 1,000 gallons per month (per 1,000 gallons) | $6.75 |
Unmetered:
| Residential Construction | $30.25 | |
| Commercial/Other Construction | $60.50 |
2.4(12) Reserved
2.4(13) Delinquent Bills
Net Monthly bills as computed under the provisions of this resolution are payable within 20 days from the date of bills. When not so paid, penalty at the rate of 18% per annum from due date until paid, shall be charged. One month’s penalty shall be forgiven each year.
2.4(14) Reserved
2. Effective Date
These rates shall become effective as to all bills due May 1, 2023, and thereafter.
Introduced and adopted this 27th day of March 2023.