Hillsboro ratepayers will save $125 million over 35 years.
New connections would pay their equitable share to fund water system expansions.
Water System Development Charges (SDCs) ensure new growth pays an equable share to fund water system expansions.
The City has secured a low-interest federal loan that will result in lower than anticipated water rate increases for Hillsboro Water customers in the coming decades.
Water rates are designed so all customers pay their fair share based on how they use Hillsboro’s water system and how much water they use.
Iverson has served as the City of Hillsboro Water Department’s Water Resources Manager since 2007.