City Council mulls 10 percent water rate hike
August 2, 2011
Issaquah customers could start paying more for water by early next year.
The city is proposing a 10 percent rate increase to replace aging pump stations and water mains, address increased operating costs related to increased charges from Cascade Water Alliance, and provide debt service coverage required in bond agreements.
The average residential customer should pay about $2.91 more per month, if the City Council approves the hike. Plans call for the increase to take effect starting with the December billing cycle.
The city last increased water rates in 2009. However, last year the city cut water rates and adopted a dollar-for-dollar utility tax in order to pay for municipal fire hydrants. The change came after a state Supreme Court decision regarding hydrants.
The proposal will be discussed by the Council Utilities, Environment & Technology Committee. The proposal is expected to return to the full council by mid-September.