Water Rate Hike

New York families may have another $72 added to their annual water bill. The city's Water Board wants to raise the rate by 11.5%, the largest increase since 1992.

The board will hold a public hearing on the hike, but critics say that's just a formality. They're concerned the increase will happen no matter what. The director of the Water Board says the increase is justified because the rates have been lower than the national average for years.