Water Commission approves January minutes; advances 13% rate increase proposal.
Water Commission approves January minutes and advances 13 percent rate increase proposal. Matheus Alexandre of Waterworth presented a financial forecast showing the increase is necessary to cover debt service spikes from the Bedford/Lincoln Road water main replacement project, town-wide meter
Water Commission · Meeting of February 10, 2026
LINCOLN — Water Commission approves January minutes and advances 13 percent rate increase proposal. Matheus Alexandre of Waterworth presented a financial forecast showing the increase is necessary to cover debt service spikes from the Bedford/Lincoln Road water main replacement project, town-wide meter replacement, and a one-time accounts receivable payment. Without the increase, retained earnings would likely deplete by 2031 or 2032.
Two major projects, costing approximately $8.4 million and $390,000 respectively, are underway and expected to conclude in 2028. The first of two rate hearings is scheduled February 18, 2026, at 7:00 p.m.
In the full story:
- The complete report — 292 words
Source: the Water Commission meeting of February 10, 2026, compiled from the official minutes.
Members read the rest of this story and every Lincoln meeting we cover, in full.
Become a memberAlready a member? Sign inA 30-day free trial needs a payment method. After it, your membership renews at the price shown at checkout until you cancel, which you can do anytime from your account. Subscription terms
Share this brief
Know someone in Lincoln who follows town government? Share Townbrief Lincoln: they can sign up free.