nypost.com Open in urlscan Pro
192.0.66.32  Public Scan

Form analysis
0 forms found in the DOM

Text Content

Close the sidebar
 * US News
   * Metro
   * Politics
 * World News
 * Page Six
 * Sports
   * NFL
   * MLB
   * NBA
   * NHL
   * College Football
   * College Basketball
 * Post Sports+
 * Sports Betting
 * Business
   * Personal Finance
 * Opinion
 * Entertainment
   * TV
   * Movies
   * Music
   * Celebrities
   * Awards
   * Theater
 * Shopping
 * Lifestyle
   * Weird But True
   * Health
     * Fitness
     * Health Care
     * Medicine
     * Men’s Health
     * Women’s Health
     * Mental Health
     * Nutrition
   * Sex & Relationships
   * Viral Trends
   * Human Interest
   * Parenting
   * Fashion & Beauty
   * Food & Drink
   * Travel
 * Real Estate
 * Alexa
 * Media
 * Tech
 * Astrology
 * Video
 * Photos
 * Visual Stories
 * * Today’s Paper
   * Covers
   * Columnists
   * Horoscopes
   * Crosswords & Games
   * Sports Odds
   * Podcasts
   * Careers
 * * Email Newsletters
   * Official Store
   * Home Delivery
   * Tips

Close the sidebar
Menu
 * Facebook
 * Twitter
 * Flipboard
 * WhatsApp
 * Email
 * 

TRENDING NOW IN US NEWS

Skip to main content

WISCONSIN ELEMENTARY SCHOOL TEACHER, 24, BUSTED FOR 'MAKING OUT'...

FOURTH BODY DISCOVERED IN WELL WHERE US, AUSTRALIAN SURFERS WERE...

UNIVERSITY OF MICHIGAN COMMENCEMENT DISRUPTED BY ANTI-ISRAEL...

Metro


NYC WATER BILLS WILL SOAR 8.5% UNDER ‘HIDDEN’ $1.4B TAX BURIED IN ADAMS BUDGET

By Rich Calder

Published May 4, 2024
Updated May 4, 2024, 4:33 p.m. ET

Mayor Eric Adams plans to implement what critics claim is a “hidden tax” that
would make homeowners’ water bills soar 8.5% – despite boasting his new budget
plan won’t include more taxes. 

The city plans to charge its own Water Board at least $1.4 billion in rent over
four years to lease water and sewer systems, The New York Times first reported. 

Advertisement

In turn, the city’s Department of Environmental Protection wants the Water Board
to raise rates in July for homeowners and landlords by 8.5%, according to a
proposal released Friday by the board.

A “hidden tax” in Mayor Adams’ budget will raise the water bills of New York
City homeowners by 8.5%. AP Photo/Peter K. Afriyie, File

If approved, the rate increase would only cover some of the rent charges, with
the rest likely picked up by funds that usually cover water and sewer system
capital project upgrades.

Advertisement


EXPLORE MORE


WISCONSIN ELEMENTARY SCHOOL TEACHER, 24, BUSTED FOR 'MAKING OUT' WITH 5TH-GRADER
-- THREE MONTHS BEFORE WEDDING


FOURTH BODY DISCOVERED IN WELL WHERE US, AUSTRALIAN SURFERS WERE REPORTEDLY
FOUND DEAD IN MEXICO


UNIVERSITY OF MICHIGAN COMMENCEMENT DISRUPTED BY ANTI-ISRAEL PROTESTERS: 'YOU
ARE RUINING OUR GRADUATION'

Owners of single-family homes pay $1,088 on average for water each year, and the
proposal would add on nearly another $100 a year, according to the city.

Councilman James Gennaro (D-Queens), who chairs the Committee on Environmental
Protection, said the city is bringing back a “hidden tax” that was implemented
in 1985 and used for decades until then-Mayor Bill de Blasio discarded it seven
years ago.

Advertisement

He added the old “budget trick” might be legal — but it doesn’t make it fair.

“It’s using water and sewer monies to pay for parts of city government and
services that have nothing to do with water and sewers,” he told The Post
Saturday.

Landlords usually pay for water but pass along the cost to tenants in their
monthly rents, making the plan nothing more than a regressive tax that will
ultimately hurt low-income households the most since, they historically use more
water than average New Yorkers, according to critics.

Advertisement

Adams last month released a $111.6 billion executive budget proposal for the
fiscal year beginning July 1 that restores many previously slashed
services, despite pandemic aid dropping and soaring costs to deal with the
city’s migrant crisis.

Liz Garcia, a mayoral spokeswoman, defended the plan, saying the Big Apple has
the lowest water rates compared to other major cities in the United States and
it “continues to lead the nation in keeping water rates low.”

What do you think? Post a comment.

Advertisement

She also claimed New Yorkers won’t notice the Water Board’s likely reduction in
financing long-term repairs.

“We are investing billions of dollars in large-scale capital improvements over
the next decade to enhance our water and sewage systems and make drainage
upgrades, all while making sure that working-class New Yorkers — particularly
low-income and senior residents — pay affordable rates,” she said.

“We will continue our commitment to delivering low costs for high-quality water
to New Yorkers while making critical upgrades to our city’s infrastructure.”


Ad



SHARE THIS:


Filed under budget ,  city council ,  eric adams ,  property taxes ,  taxes , 
water ,  5/4/24
Load more...

{{#isDisplay}}


{{/isDisplay}}{{#isAniviewVideo}} {{/isAniviewVideo}}{{#isSRVideo}}
{{/isSRVideo}}



TRENDING NOW

 1. Wisconsin elementary school teacher, 24, busted for 'making out' with
    5th-grader -- three months before wedding
 2. The heartbreaking reason William and Kate want to reconcile with Harry and
    Meghan: source
 3. Fourth body discovered in well where US, Australian surfers were reportedly
    found dead in Mexico
 4. Experts make Kentucky Derby picks
 5. Ex-Nets guard, Michigan star dead at 33
 6. 'Greedy' Meghan Markle is 'being laughed out of Hollywood' by A-listers:
    source

https://nypost.com/2024/05/04/us-news/hidden-1-4-b-tax-plan-would-make-nyc-water-bills-soar-8-5/?utm_source=url_sitebuttons&utm_medium=site%20buttons&utm_campaign=site%20buttons
Copy the URL to share
 * Post Sports+
 * Email Newsletters
 * Mobile Apps
 * Contact Us
 * Tips

 * Facebook
 * Twitter
 * Instagram
 * LinkedIn
 * Email
 * YouTube

© 2024 NYP Holdings, Inc. All Rights Reserved
Terms of Use | Privacy

Do Not Sell or Share My Personal Information/Opt-Out
Exit mobile version