The struggling economy has caused many rates to increase in the city, county and across the country. Luckily, the price of Glasgow water has not seen a rise in nine years.
Now that operating expenses are far exceeding operating revenue increases, the Glasgow Water Company is attempting to make up for the difference and bring up the funds needed for improvements to an aging infrastructure.
“Since the last rate increase [in 2003], operating expenses have increased approximately 53 percent, while water revenues increased 38 percent,” GWC General Manager Scott Young said in a presentation to the Glasgow City Council on Sept. 10.
So a rate increase will be necessary, Young said. City rates for the minimum bill (2,000 gallons of water used or less) from the Glasgow Water Company will jump from $7.02 to $8.42 if they are approved by the Glasgow City Council at the next regular meeting on Sept. 24. County rates will go from $10.53 to $12.03, according to the proposed rates presented to city council by Young.
On the minimum bill, sewer rates for the city will go up from $8.40 to $11.15 and the county rate will increase from $12.60 to $14.15 if the proposed rates are approved a second time by city council.
The rates, if approved, will become effective Oct. 1 and will start appearing on November water and sewer bills.
The city council voted unanimously to approve the rates on first reading at their meeting on Sept. 10.
For the full story, read the Sept. 15 print or e-Edition of the Glasgow Daily Times.