Charlotte Water outlines budget priorities and rate increase for fiscal year 2024

The Charlotte City Council Committee Meeting on March 3, 2025, focused on critical updates regarding the budget proposals for Charlotte Water and Stormwater, as well as initiatives to enhance participation of Minority and Women-Owned Small Business Enterprises (MWSBE) in capital projects.

The meeting began with a presentation on the budget and operational priorities for Charlotte Water and Stormwater for the upcoming fiscal year. A key point of discussion was a proposed rate increase for Charlotte Water, which is expected to add approximately $5.60 to the monthly bill for a typical homeowner. This increase is deemed necessary to support ongoing investments in aging infrastructure and compliance with new regulations regarding PFAS, commonly referred to as "forever chemicals." The committee noted that Charlotte Water has consistently stayed ahead of regulatory changes, ensuring the safety and quality of the city's water supply.

Additionally, the committee received an update on stormwater management, highlighting proactive asset management strategies aimed at preventing a backlog similar to what was experienced in 2017. Staff emphasized the importance of capital improvements to maintain and enhance stormwater systems.

Another significant topic was the initiative to increase MWSBE participation in capital projects. The committee discussed a draft plan aimed at streamlining procurement processes, expanding outreach, and providing targeted support to MWSBE businesses. The plan includes performance measures to track progress, such as the percentage of contract goals met and the number of new businesses certified. Council members will review this plan further, with a vote scheduled for April 10.

Overall, the meeting underscored the city's commitment to infrastructure improvement and equitable business opportunities, setting the stage for future developments in both areas.