On Monday, March 18, 2013, the Florence Town Council discussed a proposed 5% increase in water rates and a proposed 10% increase in sewer rates and voted to 7-0 to approve a notice of intent to raise the rates. The Town Council will discuss this issue in more detail in the upcoming months and later vote on the proposed rate increase. The date of the public hearing is scheduled for Monday, May 6, 2013.
The Town of Florence commissioned a rate study in 2009 that was later updated in 2011 that identified annual incremental rate increases through 2017. Rates were set to increase incrementally as to not place a large increase on the residents all at one time. The rate increases are based on the existing and planned operational expenses, capital outlay and debt service obligations.
Some of the planned water and sewer projects include new water wells, storage tanks, installation and replacement of water and sewer lines, expansion of wastewater treatment plants, development of a future wastewater treatment plant, replacements of fire hydrants, and many others.
The impact to a homeowner using 5,000 gallons of water per month would be an increase of $4.39 per month. The monthly increase for a homeowner using 15,000 gallons per month would be $7.91.