A public hearing was held over water rate adjustments prior to last night’s Winamac Town Council meeting.

The adjustments to the water raters are being proposed as a way to cover the town’s water project. Eric Walsh from Umbaugh and Associates was present and provided some details about the $1.6 million water project.

He explained that the town has been planning for this project for many years, which assisted them in receiving a grant from the Office of Community and Rural Affairs in the amount of $550,000. He added that the remainder of the project will be covered by borrowing from the electric utility at 1% interest rate. He said this will cause water rates to rise slightly.

Walsh said, “It is resulting in about a 9 percent, little less than 9 percent increase on your water bills. So to an average residential customer [using] about 5,000 gallons a month, that’s a $3 a month of an increase.”

Walsh said if the town hadn’t pre-planned or received the OCRA grant, rates could have increased by about 20 percent, costing the average customer to pay $6 to $7 more. He said no one likes to increase rates, but he commended the council members for the proactive steps they took to keep the increases from being doubled. Continue reading →