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7 of 32 <br />Background – Redwood City <br />2024 2025 2026 2027 <br />Current <br />rates <br />adopted <br />April 2024 <br />Future rate <br />proposal <br />FY 2024-25 to FY 2026-27 <br />Q4 2026 <br />•Rates for FY 2027-28 and beyond will factor in any necessary <br />funding requirements for the City’s sewer system and SVCW’s <br />treatment plant, which includes capital and operations costs.