Niles residents’ water rates will be 3 percent more April 1Published 8:59am Tuesday, March 23, 2010
By AARON MUELLER
Niles Daily Star
The Niles City Council approved a 3 percent water rate increase at its meeting Monday night. The rate adjustment is effective April 1.
Utilities Manager Jim Lehmkuhl said the hike is necessary to meet revenue requirements for its $5.8 million general obligation bond for the iron filtration plant built in 2005. The hike is less than the original rate adjustment projection for 2009, which was at 5.8 percent.
A wage freeze for utilities employees and a more conservative capital budget allowed the department to reduce the rate adjustment.
For the average residential customer, the hike will raise bills $0.64 a month.