Portland Water District Trustees Approve $40.5 Million Budget for 2016
Recently the Portland Water District’s Board of Trustees unanimously approved a combined $40.5 million water and wastewater operating budget which represents a 3.8% increase over 2015. Much of the increase is related to infrastructure maintenance and improvements, including water main replacement.
In addition to the operating budget, a $14.6 million capital improvement plan was approved. The plan allocates $10.3 million in water distribution system upgrades and $3 million in wastewater collection system and treatment facility projects.
The budget assumes a mid-year water rate increase of 3.73%, which is estimated to add an additional $0.71 to a typical monthly water bill. In coming months, the Board will consider a water rate increase. This does not affect wastewater rates, which are determined by local municipalities.
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