Local News Digest: Oak Forest water rates climb
December 31, 2013 8:20PM
Joan M. Coffey | Supplied photo
Updated: February 3, 2014 1:01PM
In order to offset higher costs passed on by its suppliers and to sustain its water and sewer fund, the city of Oak Forest recently voted to increase its water and sewer rates effective Jan. 1.
The rate that Chicago and Oak Lawn charges Oak Forest was to increase 19 percent on Jan. 1, according to a news release from Oak Forest. In addition, revenue generated in Oak Forest’s sewer fund is insufficient to cover the cost of operations, the release said. According to revenue policies, the city’s water and sewer fund must be a self-supporting one.
“The cost of the water from Chicago is the largest component of the water rate,” Oak Forest city administrator Troy Ishler said in the release. “Chicago has raised the cost of water by 55 percent in the last three years and will raise the water rate another 15 percent next year.”
The water rates in Oak Forest will increase from $6.65 per 1,000 gallons to $7.31 per 1,000 gallons for the first 25,000 gallons used (Tier 1), and from $7.36 per 1,000 gallons to $8.21 per 1,000 gallons for usage above 25,000 gallons (Tier 2), according to the release.
The sewer rate will increase from $1.52 per 1,000 gallons to $1.73 per 1,000 gallons. The quarterly water base fee will remain $15.
The total increase for Tier 1 water and sewer charges will be 87 cents per 1,000 gallons, while the total for Tier 2 charges will be $1.06 higher, the release said.
For example, a household using 5,000 gallons quarterly would see its bill rise by $4.35 to $60.22. A household using 30,000 gallons quarterly would see its bill rise by $27.06 to $290.81, according to the news release.
Coffey named principal
Mulcahy, Pauritsch, Salvador & Co. Ltd., a CPA firm with offices in Orland Park, Burr Ridge and Chicago, announced the promotion of Joan M. Coffey, CPA to principal.
Formerly a senior tax manager, Coffey leads the firm’s business tax practice for its clients, according to a release from the firm.
Coffey, 53, joined Mulcahy, Pauritsch, Salvador & Co. Ltd. in 2000, the release said. She has a bachelor’s degree from St. Xavier University and a master’s degree from DePaul University.