Some West 琉璃神社 residents could face an 11 per cent increase in water costs, if council sees fit come Tuesday.
City of West 琉璃神社 staff are recommending a flat rate increase of 11 per cent for Rose Valley water customers, and an eight per cent increase for Powers Creek water users.
The increase comes in an effort to meet the city鈥檚 financial needs. During their most recent review of the 10-year Capital Plan, the city discovered reserve balances and funding levels were not enough to cover their plan.
Staff explained that if they were to delay the water rate increases for 2021, they would be faced with a $500,000 water revenue loss, causing a deficit for 2021, and ultimately increasing water rates even more in the future.
This increase would see a $17.29 per quarter ($69.16 annual) increase for Rose Valley water customers, and a $12.74 per quarter ($50.96 annual) increase for Powers Creek water users.
City of West 琉璃神社 council will be faced with this decision during their regular council meeting, Tuesday Feb. 23.
At that , an update will be presented to council on the status of both the West 琉璃神社 City Hall project, and the Rose Valley Water Treatment Plant project.
Watch the 6 p.m. council meeting .
READ MORE:
READ MORE: Despite travel rules, 16% of Canadians planning to leave country for spring break: survey
Do you have something to add to this story, or something else we should report on? Email: phil.mclachlan@kelownacapnews.com
Like us on and follow us on .
