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Greenville residents hit with much larger water bills
Liz Montgomery reports for Porcupine Soup that interest rates on infrastructure improvements mean property owners in Greenville’s water district saw tax bills up more than 1,000 percent. Greenville water district users were charged $3.06 for every $1,000 of assessed value, up from just 29 cents per thousand last year. The extension of water lines to an additional 20 homes on State Route 81 east, replacement of a 1975 water storage tank, installation of a pressure-reducing valve, and replacement of hydrants and valves are the construction projects raising costs for Greenville residents. Councilperson and Deputy Supervisor Paul Macko, who was supervisor for the last 14 years before this year, took the blame, saying,“This is the first project we have had to pay interest on.... We have lived a charmed life up until now paying zero percent on projects, but nothing is free anymore." The town is paying 3.78 percent interest on the money for the project. Macko predicted that the tax bills will be $1 per thousand of assessed value less next year. Read more about this story in Porcupine Soup.