SEVERE WX : Lake Effect Snow Warning - Winter Weather Advisory View Alerts

MVWA taking public comments on proposed 2% rate increase

The Mohawk Valley Water Authority is taking public comments on a proposed 2% rate increase for next year.

Posted: Oct 14, 2020 6:01 PM

The Mohawk Valley Water Authority is taking public comments on a proposed 2% rate increase for next year.

The MVWA says the increase will amount to a roughly $8 increase in water costs per average household.

Residents are invited to submit comments to the board of directors in lieu of a public hearing.

Comments will be accepted Oct. 15 – 22, and can be sent online at www.mvwa.us.

The board of directors will meet Oct. 26 to vote on the proposal.

The total proposed budget for 2021 is $26.4 million, and includes:

  • An overall 4.75% increase in operating costs.
  • Cash capital maintenance and repairs totaling $600,000.
  • A 5% hike in workers compensation premiums.
  • A 7% increase in Property and Liability insurance premiums.
  • A reduction in system-wide demand of approximately 3.2%.

The rate increase has been partially offset by a modest decline in debt and PILOT payments of $20,000.

The proposed budget also includes more than $1.2 million in cash carried forward from previous annual surpluses.

The MVWA is also preparing to close on the sale of water revenue bonds worth $15.2 million, to support several projects over the next three years. Included in the bond sale will be additional funding to refinance bonds sold in 2012 at lower rates. This refinancing is expected to save approximately $422,000 over the remaining life of those bonds.

New York Coronavirus Cases

County data is updated nightly.

Cases: 1255971

Reported Deaths: 41173
CountyCasesDeaths
Queens1569407852
Kings1538388057
Suffolk1272872589
Nassau1138122551
Bronx1051755272
Westchester844201797
New York753193439
Erie517181371
Richmond447371380
Monroe44007760
Rockland31668806
Orange28574642
Onondaga27492528
Oneida16660342
Dutchess16541311
Albany16168255
Niagara11933241
Broome10981255
Saratoga914080
Schenectady8587124
Ulster7642191
Rensselaer6772104
Putnam644774
Chemung5567108
Chautauqua554156
Oswego487265
Ontario469482
Steuben4560131
Cayuga437269
Sullivan379849
Genesee365198
Wayne364651
Herkimer356156
St. Lawrence354759
Cattaraugus337361
Jefferson314522
Madison310876
Livingston267740
Tompkins264123
Cortland262854
Columbia243269
Allegany234775
Montgomery219774
Tioga219154
Wyoming213542
Clinton212918
Fulton207052
Warren204538
Greene202557
Orleans190868
Chenango175040
Otsego164623
Washington147324
Lewis145924
Seneca121846
Franklin11299
Delaware100020
Essex97218
Schoharie8895
Yates81316
Schuyler71410
Hamilton1461
Unassigned44104
Out of NY0165
Rome
Cloudy
31° wxIcon
Hi: 32° Lo: 22°
Feels Like: 23°
Binghamton
Cloudy
28° wxIcon
Hi: 31° Lo: 25°
Feels Like: 17°
Rome
Mostly Cloudy
31° wxIcon
Hi: 33° Lo: 24°
Feels Like: 23°
Rome
Cloudy
31° wxIcon
Hi: 27° Lo: 6°
Feels Like: 23°
WKTV Radar
WKTV Temperatures
WKTV Severe Weather
2021 Golfer's Paradise Card - 21 Courses for only $99.99
Saluting Those Who Are Proud 2 Serve