In a recent government meeting, officials addressed the pressing need to increase water and sewer rates, a decision that has sparked concern among residents. The discussion highlighted the challenges posed by aging infrastructure and the increasing frequency of storms, which have exacerbated existing issues within the community.
Officials revealed that the last significant rate increase occurred in 2019, and since then, the town has been advised through multiple audits to raise rates to ensure financial sustainability. The proposed increase, set to be discussed further in a meeting on August 6, is described as \"significant\" and necessary to avoid further financial strain on the town's resources.
One official emphasized the urgency of the situation, stating that the town has been \"kicking the can down the road\" since 2015, leading to a reliance on reserves that are now depleted. The official noted that the town had previously funded projects, such as the Mission Street project, out of pocket, which has limited available funds for future infrastructure upgrades.
The sentiment among officials is clear: without a rate increase, the town risks falling deeper into debt, potentially jeopardizing its financial stability and ability to maintain essential services. As the community grapples with these challenges, the upcoming meeting will be crucial in determining the future of the town's water and sewer services.