Prepare to get soaked
An MWD board panel approved a 14% rate increase in water rates beginning in 2009. The proposal goes before the Board today, with some members saying 14% isn't enough....
The exact amount of the increase would be determined by volume, presumably, the more business a city does with MWD, the less steep the increase.
According to the Los Angeles Times:
"MWD is a public agency that imports water and sells it to 26 member cities and water districts across the region that use it to supplement local supplies. Its staff blames the rate increase in part on the need to buy more expensive water because of record dry weather last year, a prolonged drought in the Colorado River Basin and a court decision reducing water deliveries from Northern California."
MWD board to vote on rate hike [Los Angeles Times]
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