Financial Plan
PUC, in accordance with provincial regulations, prepared a Financial Plan in October 2019. The Financial Plan sets out the range of annual rates required to support the long term viability of the municipal water supply. PUC’s Financial Plan identifies the need for significant phased-in rate increases to ensure the citizens of Sault Ste. Marie have reliable, safe drinking water in future years.
The provisions of PUC’s Financial Plan are well in line with most municipalities in Ontario. This document serves to provide some insight on the issue of infrastructure renewal for Sault Ste. Marie’s municipal water service.