City of Powell River Council has passed its amended waterworks regulations and rates bylaw.
At the March 6 city council meeting, councillors unanimously passed the bylaw, which will raise water rates four per cent each year in 2025, 2026 and 2027.
For a single-family dwelling, the annual rate in 2025 will be $374, in 2026 it will be $389 and in 2027, the rate will be $405. According to chief financial officer Mallory Denniston, increasing the water user fees would result in an increase in revenue of approximately $120,000 annually. This increase partially funds the operating cost increases and the transfer to the water capital reserve fund.
Council gave first three readings to the bylaw on February 27.
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