The gist
City Council considered two scenarios for possible water and wastewater rate increases. Scenario A would meet financial metrics in time for each of the next five years, while scenario B would smooth rate adjustments for a steadier change in each of the next five years, according to city documents.
Scenario A would increase rates from $101.20 to $111.30 for fiscal year 2024-25, while Scenario B would increase rates to $116.25.
City council members showed more vocal support for Scenario B.
What’s next?
Georgetown City Council will decide on the water and wastewater increases at a future meeting.
Rate increases are proposed to go into effect April 1 and Oct. 1, if approved.
