The City of Fredericton is looking to raise water and sewer rates for residents next year following this year's freeze in rates. The increase, if ultimately approved by councillors, would see the monthly bill for the average Fredericton household go from $73.47 to $78.17 per month, said Alicia Keating, the city's treasurer. "Not everyone is going to see the same rate change based on your bill — what you consume and what you don't — but when we look at the total average customer base of what we have, they'll see an average increase of four and a half dollars to their monthly sewer rate," said Keating, speaking during a council-in-committee open budget meeting on Tuesday.
Inflation pinches Fredericton as city falls behind on fixing potholes and old pipes
Drivers in Fredericton can blame inflation — at least in part — every time they encounter a pothole. The soaring cost of goods and services brought on by inflation means the City of Fredericton needs to spend more money replacing its aging infrastructure, including roads, water pipes and buses. City treasurer Alicia Keating says inflation has meant infrastructure is not being replaced when it should, and the city is falling behind on its obligation to replace assets before they break.