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SLV PROPOSED WATER RATE HIKE 10-01-2013 08:00 av

WATER CUSTOMERS IN THE SAN LORENZO VALLEY COULD EXPECT TO PAY MORE OVER THE NEXT FIVE YEARS, UNLESS A WRITTEN PROTEST IS MADE BY OVER 3,600 DISTRICT PROPERTY OWNERS.   THE RATE INCREASE WOULD BE THE 3RD INCREASE IN FOUR YEARS FOR THE SLV WATER DISTRICT.   OFFICIALS EXPECT THE HIKE TO GENERATE 9.2 MILLION DOLLARS IN REVENUE, OF WHICH THEY PLAN TO ALLOCATE 75% OF IT TO CAPITAL IMPROVEMENT PROJECTS AND 25% TO NEW BUILDING.  A PUBLIC HEARING HAS BEEN SET FOR OCTOBER 24TH.  A SIGNED LETTER PROTESTING THE INCREASE CAN BE SENT TO THE SLV WATER DISTRICT BEFORE THE HEARING.

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