An update from the city involving water and waste water rates.

Last week we told you the budget increase dropped to 2.4 percent.

Chief Financial Officer Margaret Karpenko says that means savings for an average water user.

She says the average household consumer of 14 cubic meters will save $2.07 a month.

However, above average users of 20 cubic meters of water will see a 52 cent increase, per month.

The city is going from a 60/40 fixed-variable split to a 50/50 model.