The Department of Environmental Protection proposed a 3.35% water rate increase on Wednesday for fiscal year 2015, the lowest raise since fiscal 2006.
That means a typical single-family homeowner will see an increase from $992 a year to $1,025 a year for their water and sewer bills, and a typical multi-family home with metered billing will see a bump from $645 a year to $666 per year in their bills.
The Water Board is expected to approve the increase May 23, and hearings will be held in each borough in May. The changes are due to take effect this summer.
Water bills have shot up 78% since 2005. They went up 5.6% last year and 7% the year before that, after double-digit spikes from 2008 through 2010 during the Bloomberg administration.