The City's water system financial plan is calling for our water rates to increase over the next couple of years. The plan was presented to Council Monday with staff saying operating revenue is expected to increase but not as much as they had hoped since water use is on the decline. Councillor Joe Virdiramo noted promoting conservation has come back to bite them with higher water rates. Council approved the financial plan and is submitting it to the Ministry of Municipal Affairs and Housing.
Tuesday, November 5, 2013
Water Financial Plan Passes
The City's water system financial plan is calling for our water rates to increase over the next couple of years. The plan was presented to Council Monday with staff saying operating revenue is expected to increase but not as much as they had hoped since water use is on the decline. Councillor Joe Virdiramo noted promoting conservation has come back to bite them with higher water rates. Council approved the financial plan and is submitting it to the Ministry of Municipal Affairs and Housing.
