City Utilities FY2027 Budget and Water Rates
At a glance
- What: the City Utilities fiscal 2027 budget, water rates and a transmission cost clause.
- Where it stands: all three were first-reading bills on 2026-09-08 and part of the final-reading calendar on 2026-09-21. The outcome is not known.
- Next: Check the council record. A City Utilities follow-up was also on the Finance and Administration Committee agenda of 2026-10-27.
Details
- Only the agendas were read. The Board of Public Utilities met on 2026-09-24 and 2026-10-29 (not read).
Sources
- Agenda for 2026-09-08 - City Council: https://springfieldmo.portal.civicclerk.com/event/9510/files
- Agenda for 2026-09-21 - City Council: https://springfieldmo.portal.civicclerk.com/event/9511/files
- Agenda for 2026-10-27 - Finance and Administration Committee: https://springfieldmo.portal.civicclerk.com/event/11247/files
Log
2026-09-08 - City Council
- Hearings held on the $874 million FY 2027 budget, water rates (three annual base increases averaging 8% from October 2027) and a transmission cost adjustment; votes set for September 21. Video: https://cityview.springfieldmo.gov/city-council-meetings-1-season-3/videos/city-council-meeting-september-8-2026-1
2026-09-21 - City Council
- Final passage of the FY 2027 operating budget, water rate revisions and a transmission cost adjustment clause (CB 2026-202 to -204). Video: https://cityview.springfieldmo.gov/city-council-meetings-1-season-3/videos/city-council-meeting-september-21-2026-1
2026-10-27 - Finance and Administration Committee
- City Utilities follow-up on the agenda.
2026-09-24 - Board of Public Utilities
- Board approved the electric fuel adjustment (0.22 cents per kWh), budget category transfers and the financial statements; staff said the newly approved water rates have nothing to do with data centers.