Portland Water District Trustees Approve $50.1 Million Budget for 2022
Recently the Portland Water District’s Board of Trustees unanimously approved a combined $50.1 million water and wastewater operating budget which represents a 4.4% increase over 2021. Much of the increase is attributed to higher biosolids disposal, road construction-related costs, electricity costs, and debt service.
Also a $30.7 million capital improvement plan was approved. The plan allocates $10.6 million in water projects, $7.0 million of that to replace aging water mains, and $18.2 million in wastewater projects, $6.0 million of that to upgrade Portland’s East End Wastewater Treatment Facility.
The budget assumes a March water rate adjustment of 3.7%, which is estimated to add an additional $0.81 to a typical monthly water bill. The Board will consider water rate matters in the coming months.
The 2022 Comprehensive Financial Budget can be found on our website at https://www.pwd.org/sites/default/files/2022_budget.pdf.
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