MWRA NEWS RELEASE Archive
Massachusetts Water Resources Authority
February 5, 1999
MWRA STARTS ITS REVIEW PROCESS FOR FY2000 BUDGET
MWRA began its annual budget process today by asking its Board of Directors to transmit a proposed budget next week to the MWRA Advisory Board. The Advisory Board represents the 61 cities and towns served by MWRA's wastewater and water supply systems and is expected to offer its comments on MWRA's budget proposals in late April. The MWRA Board of Directors will vote on the final budget in late June.
The preliminary budget transmittal details $437.6 million in projected spending for FY2000, beginning July 1 of this year. Almost half of that amount is for payments of interest and principal on the short and long-term bonds that MWRA must issue to finance construction of new facilities required to comply with federal environmental laws and other necessary repairs and improvements to regional water and sewer systems.
"This is always the time of year people ask, 'What does this mean to the ratepayer,'" said MWRA Chief Financial Officer Barbara Gottschalk. "There is no simple answer, because each of the 61 communities follows its own practice in adding local costs to the MWRA assessments before passing on the total to homeowners and businesses in local water/sewer charges." MWRA's assessments also vary from year to year among cities and towns based on variations in usage. "The preliminary numbers would translate to an increase of about 7.3% in annual water and sewer charges to communities," said Gottschalk. "This is higher than the 3.0% average MWRA has actually achieved over the last six years."