The proposed rate from the North Texas Municipal Water District is based on current estimates.
NTMWD expects a lower-than-projected rate adjustment in the Regional Water System after the impacts to debt service costs are completed and included in budget estimates.The company says member cities can expect final projections by the end of July before the NTMWD Board of Directors votes on the Fiscal Year 2024 budget at the Sept. 28 meeting. New rates would go into effect Oct.
“Long-term investments in our regional future include necessary capital improvement investment to meet infrastructure requirements,” the company said.NTMWD supplies water, wastewater and solid waste services throughout North Texas. The company provides proposed wholesale rates to member cities and customers as part of its annual budgeting process.
“Allen is fortunate in that our city’s cost of water service continues to be at the lower end of costs among the 13 NTMWD water system member cities,” Massey said. Allen says it shares through all of its communication channels and through notices in utility bills.annual rate changes with residents upon approval by the City Council.Advertisement
“With the growth of the region, being able to have reliable water service and availability of water is a critical component,” Israelson said."… Continuing to conserve, continuing to have water resources is really a critical element to the economic vitality of not only Plano but the entire D-FW region. As a commodity, water is an extremely precious resource. I think it’s really important that the entire region understands and values that.”.
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