5:30 p.m., Jan. 31)
and sewer rates to skyrocket over next 10 years
By Fred Sherwin
residents can expect to pay more to turn on their taps
and flush their toilets over the next 10 years -- a lot
to a report tabled at the city's environment committee
on Tuesday, water and sewer rates will increase by 74
per cent during the next decade, which equates to an extra
$409 a year on the average water and sewer bill.
average water and sewer bill in Ottawa is currently $636.
It's expected to rise to $1,045 by 2012, that's if they
are no additional increases above and beyond what's currently
being proposed. By comparison the average water and sewer
bill in 2005 was $430.
council is being asked to increase the water and sewer
rate six per cent this year and seven per cent in each
of the next two years.
addition to the revenue that will be raised through the
proposed increases, the city must also borrow $460 million
to help cover the estimated $2.1 billion cost to repair
and upgrade the city's water and sewer system.
order to limit the amount that will need to be borrowed,
the city plans to completely drain the water and sewer
reserve fund and then build it back up over the next 10
story was made possible thanks to the generous support
of our local business partners.)
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