Niles water rates on tap for increasePublished 11:30am Thursday, January 24, 2013
A pair of proposals that would raise water and wastewater rates for Niles residents are among several items on Monday’s city council agenda.
City Administrator Ric Huff is recommending two rate increases to the council. Both are based on the results of a recent rate projection and cost of service study done by Utility Financial Solutions.
The first increase would raise wastewater rates by 3.75 percent effective March 1. Rates would continue to increase by 3.75 percent each fiscal year from 2014 to 2017.
What does this mean for wastewater customers?
In the first year, an average city resident using 5,250 gallons of water would see their bill increase by 91 cents a month.
The second rate increase would raise water rates by 4.25 percent for 2013. Rates would continue to increase by 4.25 percent for 2014 and 2015 and by 2.5 percent for 2016 and 2017.
The impact of this rate increase in the first year would be 97 cents per month for the average city resident using 5,250 gallons of water.
Both rate increases would be reviewed annually to determine if they are required or sufficient.
The city council is scheduled to meet at 6 p.m. in council chambers, 1345 E. Main St.