The above subject should have a question mark at the end of it. We are a very small water company, 34 homes. We are using pricing which is outdated and needs to be increased.

Is there a standard formula for figuring the price of water for a small mutual water company?

Our system went in in 1987 and, of course, our bylaws are out of date as well. But that's another subject for another time.

Any input is greatly appreciated.