Speedway, Indiana to Increase Sewer Rates for $15-$18 Million Wastewater Treatment Plant Upgrade
Speedway, Indiana will increase sewer rates to fund a $15 million to $18 million wastewater treatment plant expansion mandated by the Indiana Department of Environmental Management. A public hearing on the rate hike is set for March 9, with construction bids opening March 5. The project includes a combined sewer tank, a wet-weather treatment facility, and UV disinfection upgrades. Without state grants, the town will finance the project through sewer revenue bonds, leading to estimated monthly increases of $8 to $12 for average households.
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The Speedway town government plans to increase sewer rates to finance a $15 million to $18 million expansion of its wastewater treatment plant as mandated by the Indiana Department of Environmental Management. A public hearing on the proposed rate hike will be held on March 9, with construction bids opening on March 5.
The expansion includes a combined sewer tank, a new wet-weather treatment facility, and upgrades to ultraviolet disinfection equipment. The project will be funded through sewer revenue bonds, resulting in monthly bill increases estimated at $8 to $12 for households using 4,000 gallons of water. The current minimum charge of approximately $26 is expected to rise to about $38.
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