Hamilton City Council Approved Water Rate Increase With 3-2 Vote
After reviewing the city’s finances last month and discussing the decreasing water fund balance, Hamilton city council members took action last week to build its water fund back up. From 2014 to 2016, the water balance dropped from $55,651.58 to $5,065.76. Part of the drop was due to tower maintenance, but the fund’s revenue decreased during that time due to a billing error that has since been corrected. As of June of this year, the water balance had dropped to $3,744, partially due to a water leak that took several months to locate. At last month’s meeting, the city’s treasurer Cindy Hardin noted, “We can’t continue like this.”
At this month’s meeting, city clerk Kelly Cathey presented her findings on the water rates for surrounding communities. Hamilton’s current minimum water bill is $11.50, which was the second lowest minimum of the cities Cathey surveyed. Eureka was lowest at $10.45, whereas Virgil, Fall River and Severy were closer to $30. Cathey calculated the average water minimum to be $17.19.
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