Water Charges to Increase

At last Monday’s Committee of the Whole Council meeting, Sean-Michael Stephen, manager at Watson and Associates Economists Ltd., presented his report containing recommendations for rates for water and waste water (that is “sewer”) for the next 5 years as well as a forecast to 2030.  Although there were questions from Councillors, the recommendations were approved and will be formally put in place at next Monday’s regular Council meeting.  Over the last 5 years, rates have increased by 5.3% per year and will increase by 5.9% per year over the next 5 years.  The increases are needed to fund the “long term capital needs of the systems by 2030, providing for the sustainable replacement of infrastructure and ongoing operation and maintenance… Read complete articleWater Charges to Increase