Increased costs to retire bond debt appear to make rate hikes for Commerce water and sewer customers inevitable by spring. Just how much that increase will be remains up in the air, however.
For the second consecutive month, the increase in debt service costs for water and sewer bonds was a topic of discussion at the Commerce City Council’s work session.
A decrease in water sales caused by the drought and attendant watering restrictions is one reason water and sewerage revenue is insufficient to meet the city's debt service requirement.
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