Rate Strategy for FY 2012
HOW YOUR WATER AND SEWER BILL WORKS
MWRA is a "wholesaler" to its member communities. Each community sets its own retail rates for water and sewer use by local businesses and residents. MWRA's charges ("community assessments ") typically represent about 45% of the amount that communities bill their customers. The local portion of the bill varies considerably among communities.
MWRA BOARD OF DIRECTORS APPROVES LOW RATE INCREASE CONSISTENT WITH
In recognition of the extraordinary economic difficulties that its member communities face, last year MWRA limited the FY2011 rate increase to 1.49%. This was the smallest rate increase since 1996, when MWRA rates were offset by $31.5 million in Debt Service Assistance from the Commonwealth.
While the largest driver of rate increases remains the debt service on bonds for large capital projects, such as the Boston Harbor Clean-up and the modernization of the drinking water system, MWRA continues to hold down operating costs.
The FY2012 assessments reflect:
These measures are expected to provide financial relief to member communities while maintaining MWRA's excellent credit rating.
PDF files on this site require Adobe Acrobat Reader® (free download).
Updated July 6, 2011