The approved plan will increase water rates by 20% in the first year, followed by increases of 16%, 9%, 9%, and 6% over the subsequent four years. Wastewater rates will rise by 7% for the first three years, followed by 6% increases in the final two years.

Multi-family residential buildings with eight units will see approximately $80 increases in bimonthly bills, translating to roughly $10 monthly per unit. Commercial customers can expect bimonthly increases averaging $146 per year.

Read More: https://smdp.com/government-politics-2/water-rate-hike-approved-to-support-aging-infrastructure/