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<br />Water Rate Increase - Background <br /> <br />. <br /> <br />January to April 2005: Public input on how <br />to raise rates and charges <br />June 2005: Council enacted increases <br />January 23, 2006: City Council approved <br />the Redwood City Water Financing Plan <br />2006 Update, including: <br />- Conceptual approval of a 12% water rate <br />increase, or a revenue increase of $2M <br />- Authorized issuance of 2nd water bonds, <br />to finance the first phases of recycled <br />water distribution pipelines <br /> <br />3 <br /> <br />. <br /> <br />. <br />