During the regular December Board meeting, the Board of the Edgeworth Water Authority adopted the 2018 Budget.
At its December board meeting, the directors of the Edgeworth Municipal Authority approved a 5% rate increase for all customers effective January 1, 2018. Before taking this action, the Board reviewed the significant capital projects that will be undertaken by the Authority in 2018. Additionally, the Board reviewed the future additional capital projects likely to be required to maintain the integrity of the water system. This increase was seen by the Board as the minimum amount required to protect the financial strength of the Authority. The rate increase will raise the minimum cost of water by approximately $2.58 per quarter.