Portlanders Face Likely Water/Sewer Rate Increases of 5% on July 1

Portlanders Face Likely Water/Sewer Rate Increases of 5% on July 1

Portlanders can expect water/sewer rates to increase 5% this year according to budget documents.

The proposed annual hike – about $72 – comes as many Portlanders struggle to pay for basic utilities. 

Portland’s new $1 billion water treatment plant, maintenance, and costs of environmental compliance are cited as reasons for the increase.

Just three years ago an average household paid $200 less annually for water and sewer costs.

Medium and low-income residents can obtain utility assistance from the City of Portland by calling 503-823-7770.

HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com