ALBUQUERQUE WATER RATES COME UP SHORT

WATER RATES MAY BE GOING UP AGAIN IN ALBUQUERQUE … IRONICALLY, BECAUSE CUSTOMERS HAVE DONE SUCH A GOOD JOB OF CONSERVING. THE ALBUQUERQUE JOURNAL REPORTS, BECAUSE OF DECLINING REVENUE AND RISING COSTS, THE WATER UTILITY AUTHORITY HAS HAD TO USE A FUND SET ASIDE FOR UPGRADES TO THE SYSTEM TO MEET OPERATING EXPENSES.

 

WATER RATES WENT UP SIX TO SEVEN PERCENT IN JULY, BUT THAT REPORTEDLY WASN'T ENOUGH TO OFFSET LOWER REVENUE BROUGHT ON BY A 15 PERCENT DROP IN WATER USE FROM JULY TO SEPTEMBER.