On May 6th, the MWRA Board of Directors voted to approve the MWRA Advisory Board recommendations of a 1.0% rate revenue increase for FY21 and a loan deferral proposal to provide relief for communities for FY20, FY21, and FY22 applying to community loan programs.
The combined measures save communities $100 million to mitigate the financial circumstances related to the COVID-19 pandemic. In addition, $891,535 from debt service assistance that came in from the Commonwealth on May 5th will be applied to community assessments for this year. You can read the full MWRA news release here.
The Advisory Board is grateful to MWRA staff and the MWRA Board of Directors for their hard work and cooperation during these unprecedented circumstances.