Notice of Increase in Water Rates Effective January 18, 2024
On December 13, 2022, the Coastside County Water District Board of Directors adopted a two-year rate schedule (see Resolution No. 2022-13). A 6% rate increase became effective on January 19 2023, and a 6% increase is to become effective on January 18 2024. Rates are shown in the tables in the Notice PDF linked below.
Rates are designed to recover the District’s costs of buying, treating, and distributing water; funding infrastructure projects; and maintaining adequate financial reserves. The basis for the increase in rates is described in the Water Financial Plan and Rate Update Report dated October 26, 2022 prepared by the District’s water rate consultant, Raftelis Financial Consultants Inc. The Water Financial Plan and Rate Update Report, the approved Operations Budgets for FY2022-2023 and FY2023-2024, the approved Capital Improvement Program, the October 27, 2022 Proposition 218 Notice, Resolution No. 2022-13, and the District’s Water Shortage Contingency Plan (Rate and Fee Schedule, page 7) are available at the District office or online at www.coastsidewater.org.
Download PDF of Notice of Increase in Water Rates Effective January 18, 2024