City Council considers $50 to $85 annual rate increase for residential services

Residents of Stratford may soon see an increase in their water pollution control authority (WPCA) rates, as discussions during the May 13, 2024, meeting indicated a potential rise of $50 to $85 annually. This translates to an increase of approximately $1 per week for residential customers. Currently, the rate stands at $4.16 per year, which could rise to between $4.66 and $4.84 depending on the final decision.

The proposed rate adjustment is part of a broader financial strategy, as officials noted that the fund balance in the budget was left uncertain due to an incomplete audit. This has made it challenging to provide a precise estimate of the necessary rate increase. The council is also considering different options for adjusting commercial rates compared to residential rates, which will be a topic for further debate.

The discussions highlight the importance of maintaining financial stability within the WPCA while ensuring that residents are informed about potential changes to their bills. As the council moves forward, the community will be kept updated on the final decisions regarding the rate adjustments and their implications for local residents.