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Yo_Mama_Been_Loggin

(116,373 posts)
Tue Dec 17, 2024, 08:54 PM Tuesday

Everett water, sewer rates could jump 43% by 2028

EVERETT — Combined water and sewer rates in Everett could see a 43% hike over the next four years, public works employees told the City Council on Wednesday.

The proposed increases are due to a 38% rise in building costs since 2018 and a number of vital capital construction projects set to take place during the rate window, public works finance manager Shaun Bridge said Wednesday.

Everett Public Works is an enterprise fund, meaning it operates like an independent business, separate from the city’s general fund. Money for the department comes from rates, fees and grants, which can only go toward water and sewer improvements and maintenance.

Rates for water and filtration would go up 19.4% between 2025 and 2028. Much of the increases would come in the first two years, with rates in 2027 and 2028 only increasing 3.8% annually.

https://www.heraldnet.com/news/everett-water-sewer-rates-could-jump-43-by-2028/

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