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City Approves 9 Percent Water Rate Increase

01/15/2019 8:36 AM | Margaret Fulton (Administrator)

Changes to go into effect on March, 1.

At the January 8 Santa Monica City Council meeting, council approved a 9 percent water rate increase for the 2019 calendar year.

The 2015 rate saw an increase of 9 percent, but due to better than expected financial performance, the rate only increased by an annual amount of 5 percent in the years 2016, 2017 and 2018. The reason staff is now trying to reinstitute the annual increase to 9 percent is a result of the council’s plan for Santa Monica to achieve water self-sufficiency by 2023.

Read More: https://smmirror.com/2019/01/city-approves-9-percent-water-rate-increase/

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