The water and wastewater operating budget has been approved.
It’s set at $26.2 million, and officials say will see a shift in the rate structure that bases a larger portion of billing on volume of water used.
The average North Bay household using 14 cubic meters of water will pay an additional $2.45 monthly, or about eight cents per day.
“This budget continues to invest in our water and wastewater infrastructure, to ensure reliable services for the community,” said Deputy Mayor Maggie Horsfield. “Additionally, the shift in the rate structure will result in water charges that better reflect actual usage, giving users more control over their bills and moving towards a fairer system.”
The 2024 budget is up by approximately $1.25 million, or five per cent, compared to 2023.
Officials say about 3.5 percent of the increase is allocated for investments in water and wastewater infrastructure, ensuring the City’s commitment to sustainable services. The remaining 1.5 per cent is attributed to rising operational costs, including fuel, utilities, and chemicals.
They add to help achieve a more equitable model of billing, the water and wastewater rate structure will be based more on usage, shifting this year from 50 per cent fixed and 50 per cent variable to 45 per cent fixed and 55 per cent variable.
The water and wastewater budget is approved separately from the 2024 operating and capital budgets because it is funded from user fees and not property tax.
Operating and capital budget deliberations will get underway later this month. Residents can share their comments via email at [email protected]
