Fredericton councillors have agreed in principle to hold off on a rate increase to residents' water bills next year, despite concerns that doing so will put the city behind on needed infrastructure upgrades. City treasurer Alicia Keating, who laid out the proposed 2023 water and sewer budget during a meeting Tuesday night, recommended the move. The city has in recent years been hiking water rates annually by about five per cent to help replace underground pipes and other aging infrastructure.