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The original item was published from 10/6/2017 9:45:17 AM to 10/6/2017 9:46:36 AM.

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Posted on: October 6, 2017

[ARCHIVED] City Reviews Electric Fund Study

The Galion City Council Utilities Committee met and reviewed the electric rate study prepared by Sawvel and Associates, Inc. during their meeting Oct. 4.

The purpose of the study was to provide Council recommendations to balance the City’s Electric Fund. According to Sawvel’s report, it is estimated that this fund will need to see an increase in revenues, along with decreases in expenditures.

“I do not agree with Sawvel’s recommendations and have never endorsed the 8.6 percent rate increase," said Galion Mayor Tom O’Leary. “Furthermore, I do not believe that such an increase is necessary or advisable. I will continue to look at alternatives to rate increases as I have in the past.”

The Utilities Committee, while not making any recommendations to the full City Council, will meet again to seek consensus on meeting the revenue requirements of the electric fund. 

“It’s important for community members to understand that only the City Council can approve changes to the City’s electric rates,” O'Leary said. “The bottom line is we, as the City’s administration, need to work together with City Council to find a solution that is favorable for everyone.”

Community members who would like a copy of the Sawvel & Associates report can download it here. Please contact the Mayor's Office if you have additional questions or concerns at 419-468-1857.

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