The Putnam Public Service District’s current water and sewer service rates are not generating sufficient revenue to meet ongoing costs of operation, debt service, and mandated reserve requirements. The PSD Board addressed the projected shortfalls on August 8 at a meeting in which it held the first reading of a resolution to increase water rates 13.4% and sewer rates by 7%. The resolutions call for the increases to be implemented in a two-step process.
If the proposed rates are adopted and fully implemented, water customers using 3,455 gallons per month would pay $36.83, an increase of $4.35. The proposed rates would cause monthly sewer rates to climb from $41.83 to $44.74 (based upon 3,245 gallons per month water usage) in Step 1 and to $46.40 in Step 2.
The PSD took public comments relating to the increases on Thursday, August 22nd. The PSD Board will hold a public hearing at its offices at 136 Carls Lane in Scott Depot at 9:00 a.m. on Thursday, September 5th. Following the hearing and a third reading of the resolutions, the Board will vote upon the proposed rates. If approved by the Board, the resolutions will be submitted to the Putnam County Commission for review and approval.
A legal advertisement providing additional information can be found on Page 8.