The Seabrook Water and Sewer reports for 2023 are below. I have produced these reports for many years, and while they retain the existing format they now include capital costs into the calculation of the annual subsidy going from taxpayers to rate payers. The reports show that the annual water/sewer deficit for 2023 is $2.3 million.
The Select Board has determined to make the system self reliant in 2024. They have adopted a rate system that should fully fund both water and sewer departments, including all capital costs. The new rates were effective as of January 1, 2024. These rates will lift that $2.3 million dollar subsidy off of the tax rate and move it to the ratepayers. Taxpayers should realize a large benefit.
If you have any questions or concerns do not hesitate to contact my office.