CFPUA board approves budget; no rate increase for customers

CFPUA board approves budget; no rate increase for customers

WILMINGTON, N.C. (WECT) - Customer rates will remain unchanged after the Cape Fear Public Utility Authority approved its operating budget for the upcoming fiscal year.

The operating budget has increase 4.6 percent from the previous fiscal year to $85.55 million.

This budget covers operations from July 1, 2019, to June 30, 2020.

Below is a chart of expected expenditures and revenues for the upcoming fiscal year:

(Source: CFPUA)
(Source: CFPUA) (Source: CFPUA)

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