Lexington Mayor Linda Gorton this week blasted a state Senate bill backed by Kentucky American Water and other utility companies as “bad for Lexington” and “bad for our economy.”

Senate Bill 163 would allow investor-owned water and sewage companies such as Kentucky American Water to use a different type of calculation to value a water system it wants to acquire. Critics say the change would lead to higher purchase prices, which the water company would then pass on to customers in the form of higher rates.

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