The OWASA Board of Directors will hold public hearings on Thursday, May 28 on the proposed budget for Fiscal Year 2016 (July 2015 - June 2016) and rates to be effective as of October 1, 2015.
Based on preliminary planning, OWASA’s Board of Directors is considering approving a budget with no increase in monthly rates for water, sewer or reclaimed water service. The OWASA Board has not increased monthly water, sewer, or reclaimed water rates since October 1, 2011.
If a budget is adopted with no rate increase, the monthly water and sewer bill for the typical individually-metered residential customer using 4,000 gallons of service per month would continue to be $70.66.
The hearings will be part of the Board’s meeting at 7 PM in the Council Chambers at the Chapel Hill Town Hall, 405 Martin Luther King Jr. Boulevard.
Citizens are invited to attend and comment in the public hearings and to send comments before or after the hearings to firstname.lastname@example.org, by letter to OWASA at 400 Jones Ferry Road, Carrboro, NC 27510, or by fax to 919-968-4464.
The proposed budget and rates will be publicized before the hearings in local newspapers and on our website. Citizens who wish to receive electronic notices of the hearings with information on the proposed budget and rates are invited to contact OWASA at email@example.com or 919-968-4421.
The potential to approve a budget with no increase in monthly rates is possible partly as a result of OWASA’s ongoing efforts to reduce costs and improve efficiencies in its operations. A recent bond refunding and improvements to its wastewater treatment process are expected to save OWASA approximately $500,000 per year over the next several years.
OWASA’s overall rates include charges for starting service, initial connections to the water, sewer and reclaimed water systems, etc. Various non-monthly rates are under review and adjustments may be proposed due to changes in OWASA’s costs. OWASA is a non-profit, public agency and its rates and fees are calculated to recover the costs of its services.
The OWASA Board is tentatively scheduled to make decisions on the budget and rates on June 11.
For more information:
Stephen Winters, CPA, Director of Finance and Customer Service, 919-537-4230 or firstname.lastname@example.org