Treasury
3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp
US Treasury par yield curve · Aug 28 · Source: U.S. Treasury
Monday, August 31, 2026
U.S. Edition
Fort Myers

Fort Myers has booked a September 21 hearing on the ordinance that confirms a 5 percent utility rate rise for 2027, rewrites the increases already scheduled through 2031 and adds an administrative fee

Rows of empty seats in a public meeting room. Stock photo
Stock photo. Not the actual scene. Photo: Daniel Cruz / Pexels

Fort Myers City Council has cleared the way for a public hearing on September 21 on an ordinance that would raise water, sewer and irrigation water rates.

According to the City Council agenda for the regular meeting of Monday, August 17, item 6.1 sought permission to advertise Ordinance No. 4107 for a public hearing on September 21, 2026. The item describes the ordinance as amending Chapter 90 of the City Code, covering water rates and charges under Section 90-35, service hours and fees under Section 90-40, and sewer service rates and charges under Section 90-112.

The agenda states that the ordinance would confirm the 5 percent rate increase for fiscal year 2027, amend the scheduled rate increases for water, sewer and irrigation water for fiscal years 2028, 2029, 2030 and 2031, and introduce an administrative fee. It states no amount for that fee and no schedule of the amended percentages. The item is carried under the name of Jason Sciandra, the city's Public Utilities Director.

A second item, 6.2, sought permission to advertise Ordinance No. 4108 for a hearing on the same date, increasing reclaimed water rates by 5 percent from 1.72 dollars per 1,000 gallons to 1.81 dollars per 1,000 gallons, effective October 1, 2026.

WINK News reports that council voted at Monday's meeting to authorise advertising the ordinance and scheduling the hearing, and that the hearing is set for about 4:30 p.m. at Fort Myers City Hall. The report is by Olivia Jean and Gracie Fusco.

The same report gives the city's figures. City staff estimate the change would generate about 4.4 million dollars in additional revenue for the Utility Fund. The city says about 80 percent of its customers use roughly 3,500 gallons of water a month, that such a customer pays 107.28 dollars now, and that the bill would rise to 112.64 dollars, an increase of 5.36 dollars a month. The city points to operating and capital costs, a 371 million dollar five year capital improvement programme for its utilities, and an average annual cost of operating the utility that rose 7.5 percent in fiscal year 2024.

Sciandra told WINK News the city is targeting "a six-month reserve in our utility fund", which he described as covering repair work after events such as a hurricane. The city says the increase is not being driven by Amendment 3.

The agenda's own wording and the way the proposal has been described publicly differ on one point. The agenda item says the ordinance confirms the 5 percent increase for fiscal year 2027 and amends the increases already scheduled for the four years after it, while the proposal has generally been reported as a new 5 percent increase. No earlier rate ordinance was examined for this item, so the question of what was already adopted for fiscal 2027 is left where the agenda leaves it.

Permission to advertise is not adoption. No action agenda or minutes for the August 17 meeting had been posted when this was written, and the rates can still change before the September 21 hearing.