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Corydon council approves first reading of Ordinance 364 to raise water rates starting Jan. 1, 2025

City of Corydon City Council · October 23, 2024
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Summary

The council approved the first reading of Ordinance 364, increasing the minimum monthly water bill by $9 on Jan. 1, 2025, with additional 10% and 5% increases scheduled for July 1, 2026 and July 1, 2027; council said the hikes respond to no rate increase since 2017 and fund needed water-system upgrades.

The Corydon City Council voted unanimously on Oct. 23 to introduce and approve the first reading of Ordinance 364, which raises the minimum monthly water bill by $9 starting Jan. 1, 2025, followed by a 10% increase on July 1, 2026 and a 5% increase on July 1, 2027.

Councilor Bryan Wolfe moved to introduce and approve the first reading; Councilor Kenny Holmes seconded the motion and the roll call showed Ayes from Clark, Hampton, Holmes and Wolfe with no Nays. City staff presented the proposal with the stated rationale that water rates have not increased since 2017 while operational costs have steadily risen and the city faces necessary capital work including a new water tower and water-main replacements.

The ordinance’s immediate effect would be a $9 increase in the minimum monthly bill effective Jan. 1, 2025; subsequent percentage increases are scheduled to take effect on the dates specified in the ordinance text. The council did not adopt final passage at the meeting; this action recorded the first reading and initiation of the ordinance process.

Councilors and staff said the increases are intended to fund system improvements and ongoing operations. The city did not provide an aggregate dollar estimate for the capital projects at the meeting or a projected per-customer monthly bill after the full set of increases.