Cape Fear Public Utility Authority considers rate hike
The Cape Fear Public Utility Authority will likely raise its rates next budget year.
The board is considering increases for water and sewer rates ranging from 3 to 13 percent.
Officials say the increases will make up for a decline in revenue following low consumption.
The board’s finance committee is deciding between four different rate increase options.
The committee is expected to make a recommendation to the full board March 12th.