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Manager outlines 15% water and sewer rate increase to fund utilities expansion and staffing
Summary
Fuquay Varina's manager said the FY27 utility budget follows a rate model that calls for a 15% combined water and sewer increase in FY27 (with further increases planned in out years) to fund large capital projects, staffing to meet permit requirements, and system maintenance; a typical in-town household using 5,000 gallons would see about a $21.10 monthly increase.
Town Manager Adam Mitchell presented the enterprise (utility) portion of the FY27 budget and told the board the town’s Stantec rate model indicates a 15% increase in combined water and sewer base and volumetric rates for FY27. "The assumptions for revenues this fiscal year, operating budget fiscal year 27 includes a 15% change in water and sewer base and volumetric rates consistent with our Stantec rate model," Mitchell said.
Mitchell said the rate plan is intended to fund major capital projects already underway or committed — including the Terrible Creek Wastewater Treatment Plant expansion to 6 MGD, the Sanford Water Treatment Plant conveyance and expansion…
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