Wednesday, August 6, 2014
YOU are going to get hosed.
You can read about it in the Startlegram.
Water rates in Fort Worth are also expected to climb as the price of raw water continues rising, said Kara Shuror, assistant water director for Fort Worth. The cost of water is the “major driver in our water budget and our water rates,” she said.
In 2014, the cost to buy from the district went up 9.5 percent. It is expected to increase 12 percent more in 2015.
In fact, the city expects the cost of water to nearly double within 10 years, costing about $130 million by 2024 compared with the $71.5 million spent on water in 2014.
“This isn’t a one-year issue. This is something we will see in the coming years,” Shuror said.
Shuror said the rates won’t be released until Aug. 12, when the fiscal 2015 budget is presented to the council, but the department is proposing water rate increases.
Posted by The Star-Telegraph at Wednesday, August 06, 2014