NYC Water Board Approves 7% Rate Hike Effective July 1

On May 4, the New York City Water Board approved a 7 percent rate increase in water rates that it had earlier proposed, in addition to raising fees for certain services. The increase, while the smallest in seven years, is the city's 16th annual hike for metered and unmetered water rates. The new rates for commercial and residential properties go into effect on July 1.

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