City Mulling Yet Another Water Rate Hike
New York City officials are claiming they need additional revenue to upgrade water and sewer infrastructure, and they’re looking to collect on yet another water rate hike.
That’s on top of a 5.6 percent hike in water rates this summer, and a seven percent increase the year before. In fact, if I’m reading this chart correctly, water rates have gone up more than 165 percent since Bloomberg took office in 2002, with increases every single year, and double digit jumps from 2008 to 2011.
But, hey, at least they’re considering a “smaller” increase for next year.
“We want the rate increase that goes into effect next July to be smaller than before,” Steve Lawitts, the chief financial officer of the Department of Environmental Protection, told the Daily News.
Public Advocate and mayoral frontrunner Bill de Blasio has previously depicted the increases as a “backdoor tax,” a device the city is using to not just cover costs, but to pay bills elsewhere in the budget. That has allowed Mayor Michael Bloomberg to claim he hasn’t raised taxes, when in fact city residents are still paying hundreds, or even thousands, of dollars more a year – and your City Council rep doesn’t even get a vote on it.
The New York City Water Board usually holds rate increase meetings in the spring. Stay tuned.