EBMUD | The East Bay Municipal Utility District (EBMUD) Board of Directors will decide today whether to raise water rates for the utility’s 390,000 customers (106,000 in Oakland).
The rate increase will phase in over two years: 9.75% in FY2014 and 9.5% in FY2015, for a cumulative increase of about 20%. EBMUD’s website translates this, for the typical customer, to an additional $3.96 per month the first year and $4.19 more the second year. Once the proposed increases are phased in, customers could see their water bills increase by almost $100 per year.
“What’s difficult is communicating the sum of all our budget pressures,” said Andy Katz, President of the EBMUD Board of Directors. Both Katz and EBMUD’s Finance Chief Eric Sandler pointed to four factors leading to the need for this rate increase...
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