City of Johnston Work Session Agenda May 18 2026
City Continues PFM Water Rate Study Engagement
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Description
The City of Johnston continues its engagement with PFM as financial advisor to conduct a comprehensive water rate study and support a multiyear rate adjustment strategy. The work focuses on restructuring water rates to manage peak demand and align revenue with operations, maintenance, and debt obligations.
Contract Details
Vendor
PFM
Agency
City of Johnston, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Multiyear water rate study begun prior to October 2025, ongoing through at least 2030 rate planning horizon
Renewal Info
Council previously approved a multiyear rate adjustment in October 2025; PFM’s advisory engagement appears to span this multiyear planning and implementation period.
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