Andover Townsman, Andover, MA

News

April 10, 2014

Taxpayers see 5% water rate hike

Officials keep sewer rate status quo

(Continued)

“That was a bad vote,” Cronin said after the vote. “We have a lot of debt out there.”

The town is still paying off a municipal sewer expansion project from 10 or 12 years ago. While betterment fees were supposed to keep pace with the debt payments, many people paid off their betterments in a lump sum while refinancing their homes, Cronin said.

Instead of putting those lump-sum betterment payments into a dedicated fund, officials said the town spent it on operating costs. Now, sewer debt payments are higher than the revenues coming in from the betterment fees.

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