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Revere approves 9.7% increase to FY‑26 water and sewer rates
Summary
The Committee of the Whole approved a 9.7% increase in water and sewer rates for fiscal year 2026 to stop relying on one‑time revenues and restore the enterprise fund balance, after extended discussion about impacts on seniors and low‑income residents.
Revere’s Committee of the Whole voted to adopt a 9.7% increase in the city’s water and sewer rates for fiscal year 2026 on June 23, after officials said the hike is needed to stop using one‑time funds to cover recurring utility costs.
The rate action, council order 25161, was presented by Chief Financial Officer Rich Vasquez, who said Revere has relied on one‑time revenue sources — including American Rescue Plan Act funds and the water/sewer stabilization account — to hold down rate increases in recent years. "Short of using one‑time revenues again, it is the user rates [that] bring in the money to pay for the direct and indirect cost," Vasquez said during the meeting.
Vasquez told the council the city used about $3 million of ARPA funds and roughly $3 million from stabilization and retained earnings over the last…
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