BY GLYNIS CRAWFORD SMITH
THE HIGHLANDER
Residents of Marble Falls will not see quite as large a water rate increase as anticipated when the sale of $7.93 million in bonds for infrastructure projects was first proposed.
The Marble Falls City Council on Tuesday, Sept. 20, came to a consensus on a plan from among at least six detailed water rate changes.
“We talked about an across-the-board water rate increase of 12 percent (when the sale was proposed),” said Finance Director Margie Cardenas. “We got a really good interest rate and were able to do a little better.”
Overall, increases will average 10.7 percent in the plan the council asked staff to finalize for approval.
