Wednesday, June 4, 2008

Water Is Rising (Again) In The City

The NYC Water Board approved a 14.5% rate increase for homeowners, effective July 1st. Rate hikes are nothing new (2007-11.5%, 2006-9.4%, 2005-3.0%, 2004-5.5%, 2003-5.5%, 2002-6.5%), but the % increase this year, coupled with the rising price of gas, electricity, food, health care, etc., makes this pill extra hard to swallow. There are those looking to end water boarding for terrorists. Who’s out there looking to end this water torture for New York City residents?

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