"Lyons would like to refinance $72.5 million to fixed rate."
This number does not include the $43.8 million debt (variable rate notes) of the Water & Sewer Dept. and will probably result in another hike in water/dewer rates.
What is W&S rates in comparison to other cities the size of Murfreesboro, and with the growth still trying to catch up?
Because the sewer lines are not all in the city but to development outside the city it is not an apples to apples comparison. M'boro has seperate rates for water and sewer service which makes the water rate appear low when compared to a city that lumps the two together.