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$7.95$2.21$3.17ALL UTILITIES SURVEYED SOUTH BEND                 (CURRENT RATE)SOUTH BEND             (43% INCREASE)2016 IFA STUDYWATER CUSTOMER RETAIL UNIT COST($/1,000GALLONS)Indiana Finance Authority – Evaluation of Indiana’s Water Utilities  520 Utilities Surveyed60% of Indiana AverageWater RateExcellence | Accountability | Innovation | Inclusion | EmpowermentProposed new rates will only fund 18% of the $88 million of capital investment needs