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Lakewood council adopts change to homestead exemption for water, sewer bills
Summary
City Council approved an ordinance to base eligibility on adjusted gross income and raise the annual threshold to $40,000, expanding the water/sewer discount to roughly 100 more households and reducing their bills by about 25%.
Lakewood City Council on May 5 adopted Ordinance No. 15-20-25 to expand eligibility for the city—s homestead exemption used to reduce water and sewer bills.
The ordinance changes the income test from total Social Security-inclusive income to adjusted gross income, and raises the qualifying threshold from $35,000 to $40,000 a year. Under the program qualifying households pay 75% of their current water and sewer charges (a 25% discount), an amount Director Mahoney said would save an eligible household about $480 a year.
Council members and administration officials said the change is intended to align the city—s practices with…
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