The Orange Water and Sewer Authority will hold a public hearing on its proposed budget and capital program at 7 p.m. Thursday in Chapel Hill Town Hall.
Residents can speak at the meeting, email comments to firstname.lastname@example.org or send a letter to OWASA at 400 Jones Ferry Road, Carrboro, NC 27510.
The proposed budget for July 2016 through June 2017 includes no increase in monthly water, sewer or reclaimed water rates. If approved, fiscal year 2017 would be the fifth consecutive year with no increase in monthly rates. Some other fees are proposed to be adjusted based on changes in the costs of providing the services.
For a typical single-family residence, the monthly bill would continue to be $70.66 for 4,000 gallons of water and sewer service. A summary of rates is available by going to www.owasa.org, clicking on About OWASA and then Performance and Financial Information.
The proposed budget includes:
▪ $21 million for operations. No significant changes in services are proposed.
▪ $14 million for capital investments such as replacing, renewing and improving pipes and treatment facilities. (The proposed 5-year capital program totals $87 million.)
▪ $1.2 million for equipment and vehicles.
▪ $7 million for principal and interest payments on bonds and loans. (OWASA periodically sells bonds to help pay for long-lived capital investments.)