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MSA warns of possible 8% annual rate increases and outlines backup water planning
Summary
The Morey Service Authority told Lexington council it projects about 8% annual rate increases for water and sewer over coming years as it spends on modernization work, a $4.5 million water loop and engineering studies; PFAS treatment is not budgeted and could add multimillion-dollar costs. (Provenance: SEG 707–SEG 951)
Charles Allagood, Lexington’s representative to the Morey Service Authority, told the City Council during its March 5 meeting that MSA projects approximately 8% annual rate increases for water and sewer in the coming years.
Allagood said MSA is about halfway through a roughly $4.5 million water loop project and that modernization work identified across the system amounts to about $60,000,000 spread over roughly 15 years. “That number is, estimated currently at 8% annual rate increases for the next quite a few years in there,” he said.
Why it matters: higher MSA rates would likely show up on city utility bills, and…
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