HILLTOP ACRES WATER PLAN
A. Operating Budget
Revenues from District service connections exceed for the six-year expected budget.
B. Operating Cash Reserves
Operating cash reserves will exceed 1/8th of the annual O&M budget and general expenses.
C. Emergency Reserves
Emergency reserves available exceed the cost of the most vulnerable system component.
D. Water Rates
The annual charge is $300.00 per service for the first 32,000 cubic feet of water (approximately 240,000 gallons). Additional water available (up to 1,000,000 gallons) for $0.70 per 100 cubic feet of water (approximately 750 gallons).
A $2,500.00 fee is charged for new hookups. The fee covers the cost of labor, parts, and equipment for the hookup. A request is made to the District secretary for new services.
E. Median Household Income Index Test
Water rates do not exceed 1.5% of the median annual income for the area.
Complete financial worksheets are included in Appendix I