Water rates may be on their way up in town.
On Monday morning, Antigonish Town Council approved a water rate study which includes the fiscal years 2020-2021, 2021-2022, 2022-2023. The rate study doesn`t include an increase for the next year but increases in the following two years. Antigonish Mayor Laurie Boucher said the increases will make sure the town can cover the costs of delivering water to users. She said the increase would amount to about approximately $1.30 per month per household, with an average of just over four per cent increase across the aboard in 2021-2022, and 4.5 per cent in 2022-2023.
The study now moves on to the next part of the approval process with the Nova Scotia Utility and Review Board, which would include a public hearing. Boucher said the last review saw water prices jump 17 per cent, which she said was mostly done to fund a depreciation fund which hadn’t been done significantly in the past.