Cranbrook city council has approved funding for a water and sanitary sewer rates study.
Despite some increases to user fees and increases to frontage taxes, it’s been decades since the funding models for the city water and sanitary sewer funds have been updated.
City staff said a study is needed given the age and model of the current bylaws and that the city is moving towards water metres.
The city currently charges $0.286 per cubic meter on the first 1000 cubic meters of water used, but it costs closer to $0.59 per cubic meter to provide water.
This study will review three options, including leaving frontage tax methodology but updating the bylaw to meet current requirements, converting to a parcel-based tax, and eliminating and only having user fees.
The study will be funded with $55,750 from the Water Capital Reserve and $35,650 from the Sanitary Sewer Capital Reserve.
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