It might not be the most-popular decision in the world, but Frankford officials are taking an important, and critical, step in trying to keep the Town’s finances from devolving into a horrible situation.
Members of the Frankford Town Council voted unanimously on Thursday, July 26, to approve the Town’s 2018-2019 fiscal year budget — which includes a substantial increase in the Town’s water rate.
Customers in town limits will now pay $12.68 per 1,000 gallons used, as ooposed to the previous rate of $8.75 per 1,000 gallons. In addition, out-of-town users of the Town’s water system (approximately 20 users) will see a user-fee increase from $20 to $50 per billing cycle.
The increased rates won’t go into effect until September, meaning the Town’s water plant will still be operating at a loss of $2,200 in the coming year, because Frankford’s fiscal year already started July 1 — but the changes will certainly help minimize some of the harm.
Nobody wants to pay more money for anything, especially bills. But Frankford officials have to do what’s in the town’s best interest, both short- and long-term. The fee increases will certainly sting, but they are necessary.