AGENDA REQUEST
GENERAL DISCUSSION ITEM
Subject:
title
Motion to APPROVE setting a Public Hearing date of April 23, 2024, at 6:00 (prior to Regular Meeting) to receive comment, both oral and written, regarding a proposed 5% rate increase on Water starting on July 1, 2024.
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The Public notice will be printed in the New Londan Day Paper, the Town’s Website and in the Ledyard Town Clerk’s office no later than April 11, 2024.
Background:
From the February 27, 2024, meeting:
Chairman Lynch was recently informed by GU that there will be a five percent increase in water costs from Groton Utilities starting on October 1, 2024. Therefore, the authority will recommend a five percent rate increase for the next budget. The total increase will be $54,604.84. Contingency will increase $35,476.44. Water usage charge will increase $19,128.40.
Department Comment/Recommendation:
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