KGID considers water rate hike | TahoeDailyTribune.com
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KGID considers water rate hike

A significant hike in water rates may take effect as early as the beginning of July, depending on action taken today by the Kingsbury General Improvement District board of trustees.

The rate increase is badly needed and long overdue, according to a Kingsbury General Improvement District staff report. A minimum 5.3 percent increase in both residential and commercial rates will be recommended to the board, to be used in future and ongoing operations and capital improvements.

The board also will likely request an evaluation of the current relationship between the residential flat rate and the metered commercial rate to determine if each are paying their fair share of water revenues.



If a decision is taken to raise the water rates, and following a May 20 public hearing on the subject, the rate increase would take effect July 1.

In further Kingsbury General Improvement business:




Budget workshop and approval of a tentative budget for the fiscal year 1999/2000.

Selection of an auditor for the fiscal year ending June 30, 1999.

WHAT: Kingsbury General Improvement District meeting

WHEN: Today, 6 p.m.

WHERE: Kingsbury General Improvement District, 160 Pineridge Drive, Stateline


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