Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Best performing Equity mutual funds in Nigeria as of August 2026
    • New SFT Rules for Demat and Mutual Fund Transactions: What Every Investor and Trader Should Know
    • New UPI MDR rules: Will mutual fund SIPs, FDs and stock investments cost more? – Money News
    • $1 Million in These 3 ETFs Pays More Than $100,000 a Year Without Touching Principal
    • 5 Monthly Dividend ETFs Paying 8 to 14 Percent for the Fourth Quarter of 2026
    • ULIP & Mutual Fund in 2026: Features, Lock-In and How These Plans Work
    • Northern Ireland has the fewest Premium Bonds winners per head in the UK
    • As Fed raises rates, income investors can buy these bonds for solid yields and a portfolio cushion
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»With rising water bills on the horizon, Arvada’s City Council OKs team to look into bond and debt
    Bonds

    With rising water bills on the horizon, Arvada’s City Council OKs team to look into bond and debt

    July 26, 2024


    Another water rate hike is on the horizon for Arvadans — with this next one set to up rates by at least 10% — as the city works to address its ongoing issues with aging water infrastructure. In service of that goal, Arvada’s City Council approved the city team to look into bond and debt funding as an option to solve mounting water system issues. 

    Rates went up by 12.3% in 2023, followed by another 12% increase this year. While council has not yet been presented with or voted on this year’s increase, a 10% increase for water and sewer services, along with a 5% increase for stormwater, is forecasted in the city’s 10-year strategic plan for 2025. 

    At city council’s July 22 workshop, council members expressed support for the city team looking into bond and debt funding sources to deal with the aging infrastructure — chief amongst which is the city’s declining water treatment plants. 

    “We are doing very well with what we have to work with, and that is due to staff… bonds and debts are the way to go, and Arvada is well positioned to pay those back,” council member Sharon Davis said. “Given the age of some of the infrastructure around the city and the needs that we see as we grow and build onto the city, we definitely need to do the ‘taking lasting care’ part of our infrastructure. 

    “The stuff that nobody sees is really important,” Davis continued. 

    City staff members will come back to council on Aug. 26 with rate and fee range, while a public hearing for the rates and fees will take place on Oct. 21. 

    Before council approved city staff’s direction regarding bonds and debt, many council members asked if the people paying off the bonds/debt would benefit from the infrastructure, which they were assured it would. 

    Debt takes between 20 to 30 years to pay off, while water treatment plants are supposed to last between 50 to 75 years, according to a city team member. Water lines are supposed to last between 20 to 50 years. 

    Council member Lisa Feret said that while she supports this work, she also wants to ensure that water does not become inaccessible to average residents. 

    “I think it’s important that we don’t make water unaffordable at that basic level, but I see a lot of waste and a lot of room for improvement in terms of water conservation that we could leverage some of that tier two or tier three cost,” Ferret said. 

    Mayor Lauren Simpson, Council member Randy Moorman and Council member Shawna Ambrose also approved the city team’s direction. Council members Bob Fifer and John Marriott were both absent from the workshop. 

    Related



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Northern Ireland has the fewest Premium Bonds winners per head in the UK

    September 17, 2026

    As Fed raises rates, income investors can buy these bonds for solid yields and a portfolio cushion

    September 17, 2026

    The Bank of England is shaking up its bond sales – why does it matter? | Quantitative easing

    September 17, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Index fund ideas from our Select 50

    September 2, 2026

    Best performing Equity mutual funds in Nigeria as of August 2026

    September 18, 2026

    Northern Ireland has the fewest Premium Bonds winners per head in the UK

    September 17, 2026

    The Quality of Hedge Funds’ Lifeblood — Data — Has Declined Because of AI

    September 17, 2026
    Don't Miss
    Mutual Funds

    Best performing Equity mutual funds in Nigeria as of August 2026

    September 18, 2026

    Nigeria’s equity mutual fund segment pulled back to a net asset value (NAV) of N230.50…

    New SFT Rules for Demat and Mutual Fund Transactions: What Every Investor and Trader Should Know

    September 18, 2026

    New UPI MDR rules: Will mutual fund SIPs, FDs and stock investments cost more? – Money News

    September 17, 2026

    $1 Million in These 3 ETFs Pays More Than $100,000 a Year Without Touching Principal

    September 17, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    The pros & cons of crypto ETFs

    October 17, 2025

    These 16 Standout Funds Are Making Big Bets. Do They Fit in Your Investment Portfolio?

    August 15, 2025

    SIP Investments Cross Rs 3 Lakh Cr Mark For First Time

    December 27, 2025
    Our Picks

    Best performing Equity mutual funds in Nigeria as of August 2026

    September 18, 2026

    New SFT Rules for Demat and Mutual Fund Transactions: What Every Investor and Trader Should Know

    September 18, 2026

    New UPI MDR rules: Will mutual fund SIPs, FDs and stock investments cost more? – Money News

    September 17, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.