New York has the lowest water and sewer bills among major cities.
The $67 million plan will be paid for by residents' sewer bills which will double over the next 20 years.
The proposed increase would add $72 to the average water and sewer bill for a single-family home.
Another huge expense comes from the city's requirement that apartment owners pay higher water and sewer bills.
The society paid an additional $5,000 for expenses like back taxes and water and sewer bills.
Another state, Maryland, recently instituted a "flush tax" on sewer bills to pay for measures to clean the bay.
The average household spends over $700 per year on its water and sewer bill.
The action is expected to cut a $90,000 annual water and sewer bill to $60,000, officials said.
By law, the subsidy can cover 25-85 percent of a household's water and sewer bill up to 15 m3 per month.
The share of the sewer bill was between zero and 0.7%.