From the Tri-Lakes Tribune (Lisa Collacott):
Town residents will see a water rate increase of three percent. Residents currently pay a base of $35.92, $3.59 for capital improvements and $11.51 for a loan. With the new rate increase they will pay $37.00 for the base an additional $0.11 for capital improvement bringing that total up to $3.70. However there is no increase to the amount residents pay on the loan.
More infrastructure coverage here.