Cotter Water Rate Study by ARWA Per Act 605

In determining water rates, Water Provider (all public water utilities) meaning City of Cotter must use one of Arkansas Natural Resources Division (ANRD) approved rate study providers. Rate study companies must start performing rate studies that conform with ACT 605 of 2021 and the rules adopted by ANRD Commissioners/ Arkansas Department of Agriculture. The results of water rate study for the City of Cotter will state that this rate study was done in accordance with the rules pertaining to ACT 605 of 2021. The City of Cotter contracted with ARWA (Arkansas Rual Water Assocation) to perform a rate study based on year 2021. This rate study was completed November 30, 2022, by ARWA. See attached water rate study for the City of Cotter. The City of Cotter shall comply with the three recommendations found on page 7 of 8 to comply with ACT 605. The City Council will meet on January 26, 2023, to consider passage of Ordinance 2023-01, to increase water rates to be in compliance. The last time the City of Cotter raised water rates was on December 17, 2009.