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  <br />2022 2023 2024 2025 2026 2027 <br />2.03$            2.22$            2.38$            2.54$            2.67$            2.80$             <br />% Change 9.36% 7.21% 6.72% 5.12% 4.87% <br />2022 2023 2024 2025 2026 2027 <br />14,100$        15,400$        16,500$        17,600$        18,500$        19,400$         <br />% Change 9.22% 7.14% 6.67% 5.11% 4.86% <br />Volume Rate Increase <br />Monthly Base Fee Increase <br /> <br /> <br /> <br />The proposed increases were anticipated by City staff and were properly reflected in City’s current <br />Water fund budget and long-range projected rates. <br /> <br />RECOMMENDED ACTION: <br />Based on the results of the rate study, staff recommends approval of Amendment #3 to the <br />Contract for Water Service with the St. Paul Board of Water Commissioners as presented. <br />  <br />  <br />  <br />  <br />  <br />  <br />