The City of Northampton will be implementing new fixed charges and tiered volumetric rates for water and sewer customers effective July 1, 2016. We have set up this calculator to allow customers to calculate their estimated water and sewer bills under the new rate structure using one of their previous quarterly bills. Identify your meter size and total water consumption from one of your recent FY2016 quarterly utility bills.
A subsidy is a form of financial aid or support extended to an economic sector (or institution, business, or individual) generally with the aim of promoting economic and social policy.
As you make more income, you get less assistance from the government until, once you reach a certain threshold (it seems to be between 250% and 400% of the federal poverty level depending on your region), the assistance disappears. This is not the same as jumping up into a new tax bracket. The subsidy, in the form of a tax credit â meaning a dollar for dollar reduction in your tax bill â doesnât gradually drift away to nothing. Once youâre a dollar above the limit, POOF, the credit disappears. The difference in costs is stark.