Members of Newark City Council are set to consider a proposal tonight that would result in a 14.5% increase in water rates.
If approved, the hike would take effect January 1st, 2012 and would raise an additional $800,000 a year for the city. Newark officials say the increase is necessary to cover operating costs and to pay for necessary improvements. Capital costs are expected to average $1,600,000 annually over the next five years. The last water rate increase, which was 35%, took place in 2009. Newark City Council meets tonight at 7:00 p.m.at the city administration building, 220 Elkton Road. CLICK HERE for Council’s meeting agenda.