On Monday December 21, 2015, 2nd and 3rd reading was given to Bylaw no. 08.15 for the Purpose of Establishing Utility Rates. The Bylaw comes into effect on January 1st, 2016 which will see water rates increase by 5% and wastewater rates increase by 2%.
For the average homeowner using 15m3 of water per month, adoption of the bylaw results in an increase on water and wastewater rates of $2.49 per month ($29.92 per year.
The Town of Drumheller utility service is fully rate supported and not funded through property tax. Annual rate adjustments are necessary to cover increased operating costs associated with providing the service and to fund future capital improvements which will ensure the Town has adequate emergency funds for unexpected costs.
Mayor Terry Yemen said “this increase enables the Town to continue to work toward full cost recovery for our utilities.”