Utility Rates Increase January 1, 2017 City of Stanwood 10220 – 270th Street NW Stanwood, WA 98292 ____________________________________________________________ Contact: Wendy Dowhower 360.629.2181, ext. 4502 [email protected] (link sends e-mail) FOR IMMEDIATE RELEASE: December 14, 2016 ______________________________________________________________ STANWOOD –Utility Rates increase January 1, 2017 In 2013, the Stanwood City Council approved a six-year water and sewer rate increase through 2019. Sewer rates increase 3.5% annually. Water rates increase 5% annually. New rates are effective January 1, 2017, and will increase the typical residential customer base rate by $2.60 per month. In 2016, the Stanwood City Council approved the following drainage utility rate increases (note that rates were most recently increased in 2008): Classification Monthly Rates Effective January 1, 2008 Single-Family. Single-family residences $12.25 including a lot or lots up to 10,000 sq. ft. in area Multifamily. Multifamily residences including $6.10 land up to 10,000 sq. ft. in area per unit Commercial. For each single- or two-unit $18.30 business building, including land up to 10,000 sq. ft. in area Commercial. For each multi-business building, $6.10 in excess of two units, including land up to 10,000 sq. ft., per unit Improved Land. For each 20,000 sq. ft. or part thereof of land improved with $12.25 hard-surfaced parking lots, or other facilities or structures Monthly Rates Effective January 1, 2017 $12.25 $9.45 $25.40 $8.45 $25.40 In 2016, the Stanwood City Council also approved charging utility customers directly for Washington State Public Utility Taxes and Business & Occupation taxes on water, sewer and drainage services. These taxes are passed through to the WA State Department of Revenue. This change increases the monthly residential base rate by $2.86, and will take effect January 1, 2017. Stanwood utility customers pay some of the lowest water and sewer utility rates in the region. The increases are needed to properly fund utility operations. The funding raised by the rate increases will be used to meet minimum cash reserve targets, maintain tax-payer owned assets, meet minimum staffing requirements and limit borrowing. For more information about utility rates visit the city’s website at http://www.ci.stanwood.wa.us/finance/page/newsand-information, or contact Interim Finance Director, Wendy Dowhower at 360-629-2181.
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