O’Fallon takes first step towards one year water and sewer rate freeze

O’FALLON – O’Fallon residents are one step closer to having their water and sewer rates frozen for the next year following Tuesday evening’s City Council meeting.

A proposal to freeze the rates to spend down a surplus in the city’s water funds was approved on first reading. The plan will freeze the water and sewer rates for one year by forgoing the automatic Consumer Price Index (CPI) adjustment scheduled for October 2017. The automatic CPI adjustment will resume next October 2018 and continue annually. The CPI adjustment scheduled to go into effect in October 2017 would have been a 3.5 percent increase. This adjustment would have resulted in an approximate increase in revenue of $560,000 annually between both water and sewer.

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