Water Rates

The Board of Water Commissioners have set the FY2019 water rates.   The new rate schedule is available online and includes an 26.1% increase in the water rate.  The rates are based on the budget approved at Town Meeting in May 2018 and the water use forecast for FY2019.

The rate increase is due to increases in the Water Department's reserves which have been increased in anticipation of bond costs for the Water Treatment Plant Project and short-term borrowing for capital projects.

The Board of Water Commissioners have set the FY2018 water rates.   The new rate schedule is available online and includes an 17.3% increase in the water rate.  The rates are based on the budget approved at Town Meeting in May 2017 and the water use forecast for FY2018.

The rate increase is due in large part to the increase in the Water Department's reserves which has been increased in anticipation of bond costs for the Water Treatment Plant Project.

The Board of Water Commissioners have set the FY2017 water rates.   The new rate schedule is available online and includes an 18.7% increase in the water rate.  The rates are based on the budget approved at Town Meeting in May 2016 and the water use forecast for FY2017.

The rate increase is due in large part to the increase in the Water Department's Enterprise Reserve Fund which has been increased in anticipation of bond costs for the Water Treatment Plant Project and Washington Street Water Main Replacement Project.

The Board of Water Commissioners have set the FY2016 water rates.   The new rate schedule is available online and includes an 18% increase in the water rate.

Two sources of information are used to determine the water rates.  The first is the Water Department's FY2016 budget that was approved by Town Meeting in May 2015.  The second part is how much water we expect to sell in the coming year.  The sales forecast is a conservative estimate because any revenue shortfalls must be covered by tax revenue.  We look at recent production data and develop an estimate of the minimum amount of water that will be consumed during the fiscal year and adjust the rates to generate the revenue needed to fund the budget.

This year's rate increase is largely driven by the increase in the Water Department's reserve fund.  This part of the budget was increased in preparation for capital projects and associated long-term bond payments.  Rather than having variable and sometimes extremely large rate increases as the projects progress, the Water Commissioners have elected to have smaller, regular rate increases to smooth out the effects of the projects and make the increases more predictable.  It is anticipated that water rates will increase by 20% each year over the next several years.

Hydrant Flushing Completed

Hydrant flushing was completed on June 4th.  The next round will start in October 2019.

Pay your water bill online

81009 83017 0Please visit the Unibank site to pay your water or tax bills online.

 
 

Water Department

279 Boston Street

Topsfield, MA 01983

978.887.1517

978.887.1543 (Fax)

911 -  After Hours Emergency

Hours: Monday-Friday 7 AM to 3:30 PM

Highway Department

279 Boston Street

Topsfield, MA 01983

978.887.1542

978.887.1543 (Fax)

Hours: Monday-Friday 7 AM to 3 PM