NEWS RELEASE
Distributed November 24, 2015
Council sets new 2016
user rates for
water, sewer and garbage collection
During
its meeting held November 23, 2015, Council set new water, sewer and garbage
collection rates to support long-term asset management requirements as outlined
in the City's 2015-2019 Financial Plan. Adopted by Council on May 4, 2015, the
City's Financial Plan proposed annual increases to the water and sewer user
rates on January 1st of each year. Revenues collected through theses increases
assist the City in paying for costs incurred during the long-term replacement of
fixed assets, including water supply and distribution assets and sanitary sewer
assets.
An increase
of 7.5 percent will be applied to water rates in 2016. This will be an increase
of $31.00 per single family home (based on an average consumption of 200
gallons/day). The annual cost of water for a single family home will become
$444.36.
Sewer rates will increase by 5 percent (equivalent to $5.61
per single family home) in 2016. This will bring the annual cost for a single
family home sewer fees to $117.89.
Solid waste collection rates will
increase by 1 percent (equivalent to $1.00 per single family home) for
residential and non-residential units in 2016. The annual cost to a single
family home will be $100.75 for solid waste collections
fees.
"Asset management is one of the six priorities
identified in the 2012-2015 Strategic Plan. Increased user fees are part of a
long-term strategy to ensure there are adequate funds available to renew water
and sewer infrastructure when it eventually reaches the end of its life
cycle." - Diane Hiscock City of
Nanaimo
The overall impact of these user rate
increases amounts to $37.61 for a typical single family home, an increase of 6%
over 2015. These new rates will come into effect January 1, 2016.
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