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Parcel tax update: November 2, 2016
FBWW will be installing a needed new waterline at the end of Yake Road, going to Station Road. At our Landowners’ Meeting on Oct 20, a motion was passed to borrow up to $20,000 to get to the construction stage of this project.
This will impact our parcel tax rates to the extent of $18 annually. Our parcel tax cost for 2017 will be $162 per 4-month period.
Response to concerns regarding increased rates
Response to criticism of Fanny Bay Waterworks rate hikes, our objectives are:
– increase revenues to cover the cost of delivering high quality drinking water
– encourage water conservation by introducing a graduating price increase for heavier water users
In closing, we are passionate about our responsibilities, and strive to deliver high quality drinking water at the lowest possible price.
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Fanny Bay Waterworks Board of Trustees