Hillsborough is staring down another round of water and sewer hikes, with town leaders weighing three more years of 7.5% increases as they juggle rising maintenance costs and lingering damage from Tropical Storm Chantal. The proposal would stack on top of a 7.5% bump that hit customer bills last summer, and officials say federal disaster reimbursements will be key if they want to move critical infrastructure out of the floodplain without dumping the full tab on ratepayers.
Consultant: 7.5% over three years
At a Feb. 23 budget work session, utility consulting firm Raftelis walked commissioners through a multi-year rate model and recommended 7.5% water and sewer increases in each of the next three fiscal years to protect the system’s debt coverage and…..