Michigan City backs up to $60.5 million in waterworks revenue bonds to fund mains, upgrades Council voted 9-0 to support the Department of Waterworks in pursuing up to $60,500,000 in revenue bonds and an IURC rate case to finance capital projects and main replacements; officials said the work is not for the new data center and will be phased to soften rate impacts.

Michigan City is set to invest over $60 million in vital water infrastructure upgrades to ensure clean and reliable water, but concerns about phased rate increases are raising eyebrows among residents.

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Michigan City Waterworks seeks bond authority, outlines phased rate increases Superintendent Christopher Johnson told the Common Council the Waterworks Board plans to file a rate case and issue bonds to fund roughly $50 million in water system projects; Johnson proposed phased customer bill increases that would raise an average residential monthly water-only bill from $23.09 today to $39.20 by 2029.

Michigan City Waterworks is planning a significant overhaul of its water system, which could see residential bills rising from $23.09 to $39.20 by 2029!

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Michigan City proposes phased bond plan, three-year rate increases to fund aging water system At a Dec. 2 Michigan City Common Council workshop, Waterworks Superintendent Chris Johnson outlined a multi-phase bonding plan and an Indiana Utility Regulatory Commission filing to fund distribution, treatment and mains work; staff proposed phased residential increases totaling $16.11 over 2027–29 and said an IURC decision could take 9–12 months.

Michigan City is set to implement a phased bond plan and rate increases to upgrade its aging water system, with potential impacts on bills and water quality looming ahead.

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Michigan City Water Works Board adopts declaratory resolution for up to $60.5 million in revenue bonds, schedules Dec. 9 hearing The board adopted Declaratory Resolution No. 2025‑02 to approve projects and seek revenue bonding not to exceed $60.5 million, and set a public hearing for Dec. 9, 2025, with a confirmatory bond ordinance to follow.

The Michigan City Water Works Board is paving the way for major improvements with a proposed $60.5 million revenue bond—are you ready to learn what’s in store?

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Mister Wolf reports August financials showing over forecast revenues and net loss August financials reveal net loss of $53,992 despite over forecast operating revenues.

August financials for Michigan City Water Works show a surprising net loss of $53,992 despite exceeding revenue forecasts—what does this mean for the future?

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