At its September 16, 2023 meeting, the PIWD Board proposed the following rates for 2024:
The water service rate proposed is $775 per connection, annually, up 3.3% from 2023’s rate of $750/connection. This is an additional $12.50 per semi-annual bill.
The proposed tax rate is $.59 per $1000 of assessed property value, down from 2023’s rate of $.76/$1000. This reduced rate is expected to result in revenue substantially similar to that collected in 2023, taking into account the revaluation performed by Portsmouth.
No other changes to PIWDs rates or fees were proposed.
PIWD’s proposed 2024 budget will be available later this month.