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Select Board approves 3.5% water and sewer rate increase for FY25 after task‑force review
Summary
After a public hearing and consultant presentation, the Select Board voted to adopt a 3.5% across‑the‑board increase to water and sewer rates effective July 1, 2024, citing reserve rebuilding and financial stability; staff and consultants noted affordability limits and legal constraints on expanding enterprise subsidies.
The Select Board voted to adopt FY25 water and sewer rates with a 3.5% across‑the‑board increase, following a public hearing featuring the Department of Public Works and consultant Raftelis.
Erin Chiu, commissioner of public works, said the water and sewer enterprise budget is approximately $33.4 million (a 2.76% increase) and that the town coordinates rate setting after receiving an MWRA assessment each spring. She said the department and task force aim to maintain steady, modest annual increases and build operating reserves to roughly 90 days of O&M to avoid…
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