The public is invited to hear a presentation and offer suggestions on the rate study currently being conducted to evaluate the adequacy of the existing water and sewer rates. Current sewer and water customers are encouraged to offer feedback and comments on these initial recommendations to increase rates to meet the utility’s needs.
The meeting is Tuesday, July 7 at 7 p.m. in the Kent Island Library meeting room.
The study’s primary goal is to evaluate the existing rates’ adequacy to meet three objectives, which include funding for routine operations, funding debt service payments for sewer and water system improvements and funding life cycle costs or depreciation.
Currently water and sewer rates are increased 2.5% annually in July. The initial recommendations from the consultant are to add an additional 1% to 3.5% to the annual rate escalator in order to meet the funding needs of the utility.
The consulting firm of Springsted, Inc. will be leading the presentation along with the Department of Public Works staff and the Public Works Advisory Board.