On the Heels of a LEAC Decrease, GWA Water Rates to Rise Incrementaly

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The Office of Public Accountability recently completed a financial audit of GWA and found an 18.6-million net income. But CCU chairman Joey Duenas said on the K57 breakfast show with Ray Gibson earlier that the cash will most likely go to pay off further debt service. 

Guam – On the heels of a LEAC decrease, the Guam Waterworks Authority will be increasing their rates as part of a five-year rate increase.

 

The Office of Public Accountability recently completed a financial audit of GWA and found an 18.6-million net income. But CCU chairman Joey Duenas said on the K57 breakfast show with Ray Gibson earlier that the cash will most likely go to pay off further debt service. Duenas also tells PNC that GWA is in the midst of a five-year rate increase. The most recent increase was 16.5 percent Duenas says which took effect October 1 of 2015. Duenas says that ratepayers can expect a 7 percent rate increase in October of 2016 and a 4 percent increase in 2017. Meanwhile a broken sewer line that was supposed to be fixed by 6 p.m. Tuesday night will now be postponed for the second day in a row. According to Guam Waterworks Authority spokesperson Heidi Ballendorf, the road closure for parts of Anigua will continue until at least tomorrow. GWA crews found an old cement pipe that was damaged in multiple locations. At a CCU meeting yesterday, the commission passed a resolution authorizing GWA to award the contract to rehabilitate the Anigua sewer lines. The project is funded by a US EPA grant.

“I’m afraid yeah we are going to have to, into tomorrow well try to hopefully wrap it up before drive time hopefully they can get done earlier tomorrow I know Yesterday there was a traffic tie up and today I’m not expecting them to be done until six so that will tie up traffic but hopefully tomorrow they wont as much left to do,” said Ballendorf.