November 27, 2014
RENO, Nev. (AP) - The Truckee Meadows Water Authority is expected to finalize a rate increase for Reno-area water customers.
The board on Wednesday will also discuss a proposal to create a special rate for low-income or senior customers to help ease their financial burden.
If approved, a monthly service fee would be increased by 3.5 percent, raising average water bills to $41.63, an increase of $1.41. Similar increases would occur in 2013 and 2014 if deemed necessary.
The adjustment is intended to help close a $9 million gap between water sales revenue and what it costs to deliver water to 93,000 homes and businesses across the Truckee Meadows.
The water authority is jointly operated by the cities of Reno and Sparks and Washoe County.
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