On April 26, 2016, the Libertyville Board of Trustees approved a new water & sewer rate structure and rate increase that will be effective May 1, 2016. The new rate structure will ensure that sufficient revenues are being collected for the necessary operating and capital expenditures of the water and sanitary sewer utilities. The impact to the average residential home using 9,000 gallons will be an increase of $3.90 to their bi-monthly water and sewer bill, or $23.50 annually.
In September 2015, Municipal & Financial Services Group (MFSG) was contracted by the Village to perform a water and sewer rate study. The rate study determined the adequacy and most appropriate structure for all rates, fees and charges assessed by the Village for water and sanitary sewer service, and taking into consideration unfunded governmental regulations, treatment plant capacity, consumption, maintenance, capital needs, financial stability and economic development. The Village’s Water & Sewer Committee of the Village Board discussed in detail MFSG’s rate structure recommendations at four Water & Sewer Committee meetings.
The Village has implemented a 3% water and sewer rate increase annually over the last several years, however the Study determined that additional increases would be necessary in order to sustain water and sewer operating and capital expenditures. The water rates will increase the following percentages in subsequent years: 2016 - 5%, 2017 - 5%, 2018 - 5%, and 3% per year thereafter. The sanitary sewer rates will increase the following percentages in subsequent years: 2016 - 20%, 2017 - 12%, 2018 - 12% and 3% per year thereafter. The new water rate structure will be an inclining block rate which has a fixed bi-monthly fee and tiered per 1,000 gallon rate charge. The new sewer rate structure has a fixed bi-monthly fee and a per 1,000 gallon rate charge. The summer sewer rate will be capped at 125% of winter water usage. The Village will continue to offer the Senior Discount on the water and sewer rates.