Hannibal Board of Public Works debates on raising utility rates - WGEM.com: Quincy News, Weather, Sports, and Radio

Hannibal Board of Public Works debates on raising utility rates

Posted:
After raising utility rates for the last two years, the Hannibal Board of Public works could hike them for a third straight year.

Director of Operations Heath Hall said the Board has yet to make a decision on whether to raise rates. If they do, it would be a five percent increase in water and electric, as well as another increase in sewer costs.  Hall said the reason for the increase is because of EPA regulations. 

"If we weren't able to raise rates, we would lose ground on our cash on hand and it would be limited.  It is possible if we got to a low enough point, if we had a similar storm that came through here last May, then we wouldn't have enough cash on hand to make it through another event like that," Hall said.

The next step will be to have a public hearing on the issue.  A date for that has not been set. 
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WGEM. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Kathy Woodworth at 217-228-6617. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.