Flint Seeks Approval for Fund to Mitigate Water Rate Hikes
Flint, MI – In a bid to alleviate the impact of increasing water costs on its residents, the City of Flint is urging its City Council to approve a resolution that would redirect $2 million from the American Rescue Plan Act (ARPA) funds. This initiative aims to establish a Water Rate Stabilization Fund, a strategic move intended to offset rising expenses from the Great Lakes Water Authority (GLWA) and ease the financial pressure on local households.
“For years, Flint residents have faced significant challenges, and the City is committed to providing relief wherever possible,” stated Seamus Bannon, Chief Strategy Officer. “This Water Rate Stabilization Fund is a vital step to ensure access to water remains affordable and is not jeopardized by external cost increases.”
Confronting Escalating Water Expenses
The GLWA, Flint’s water supplier, has declared a 5.9% rate hike for the next fiscal year. Despite efforts by Flint since 2015 to keep water rates steady, the continuous increases from GLWA demand prompt intervention.
Further complicating the situation is a 30-year contract with GLWA, sanctioned by the Flint City Council in 2017, which constrains the city’s ability to manage water costs effectively. Critics have labeled the agreement a “bad deal” for Flint, pointing out that it limits opportunities for more favorable financial solutions.
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