Advisory Board Recommends 2.95% Assessment Increase
Last year, the Advisory Board as the COVID-19 pandemic began and its effects were uncertain, the Advisory Board recommended a 1% rate increase and provided other options for communities to reduce the amount of money they paid to the MWRA by offering deferrals on their MWRA loan payments. This year, for the second year in a row the Advisory Board has recommended a rate revenue increase of less than 3%. While the future financial impacts of the pandemic remain unknown, the Advisory Board views this as a hopeful sign in our long-term goal of keeping rates sustainable and predictable, while edging them downward into a below 3% range.