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Candidates debate water/sewer debt, connection fees and possible revenue options
Summary
At the forum candidates discussed Fund 9’s debt stress — presented in the forum as roughly $4.09 million in annual debt service — possible rate increases, wholesale water sales to Aberdeen and alternatives such as developer front‑funding and volume agreements.
Candidates at the OPEC forum addressed the city’s water and sewer finances after the moderator read figures from the annual report indicating approximately $4,090,000 in combined annual debt service for the water and sewer fund (Fund 9), including roughly $2,600,000 annually tied to the wastewater treatment plant and $1,300,000 in annual debt service related to a $15,000,000 infrastructure bond.
"With fund 9 being at maximum debt capacity, rising inflation costs, downturn in new housing construction ... how will you explain to citizens a proposed rate and fee increase to cover the debt and…
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