COA praises Balanga Water District for remaining profitable without raising rates

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The Balanga Water District has posted a positive net income every year for the past five years, even though it has not increased its rates since 2013, and despite higher maintenance and operating costs

This is AI generated summarization, which may have errors. For context, always refer to the full article.Balanga Water District's Facebook page lauded the Balanga Water District in Bataan province for remaining profitable for the fifth consecutive year, despite numerous ongoing projects and stagnant rates.

The Balanga Water District has not increased its water rates since 2013, even though the agency has been dealing with higher maintenance and operating costs. “The has successfully implemented various rehabilitation and expansion projects for the water supply system. They have also increased the number of water service connections each year in conformity with the Updated Philippine Development Plan 2023-2028, thus, residents within their coverage area have access to water services,” the report read.

 

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