ABCWUA Says More Money Needed to Fix Infrastructure
Albuquerque water officials will likely need to raise customers’ rates in the next several years in order to pay for improvements to aging infrastructure.
At a board meeting of the Albuquerque Bernalillo County Water Utility Authority, chief executive Mark Sanchez said the utility would be asking for five percent increases in 2016 and 2018. A rate hike for 2013 has already been approved. Each increase would raise average customer rates by about 3 dollars.
A long range forecast estimates the water utility should be spending 76 million dollars a year over the next several decades to stay on top of infrastructure needs. The Authority currently spends about 41 million a year.
At last night's meeting, the board also approved a new Drought Management Strategy. Find more details about that on our conservation blog: earth air waves.