FREDERICKTOWN — Council said Monday they would like to see a decrease in water rates accompany an increase in sewer rates.
The results of a water and sewer rate increase study completed by K. E. McCartney was presented to council Monday that found sewer rates will have to be increased if the sewer budget is to cover expenditures and its carryover is to be preserved. The study found that the carryover, which was used to plug a $30,000 gap in revenues versus expenditures last year, will be exhausted by 2023.
The study found no need to raise water rates for at least the next 10 years. McCartney’s findings, presented by Kelsey Keller and Matt Witter, showed that the water fund carryover will continue to grow over the next 10 years. On the sewer side, however, expenditures will continue to be more than revenues for the next 10 years if sewer rates are left as they are.