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The Sewer Numbers – Part 2
From Supervisor Flaherty:
What are the "KEY numbers" to consider on Village and Town Sewers... past, present, and future?
It is a combination of two things;
1. Capital cost net of grants that will end up being debt to the municipality, and
2. The annual cost on a citizen or business owner tax bill for the sewer system.
This "annual cost to citizen or businesses" to be on the sewer system uses a metric called an Equivalent Dwelling Unit (EDU).
One EDU equals approx. 60,000 gallons of flow a year. Residents are charged a flat rate EDU and businesses are charged a variable $$$ per 1,000 gallons of flow. As such, a residence, regardless of whether you flush your toilet 1 time a day or 20 times a day at your home, you will have that flat EDU rate annually.
This makes estimating "residential" revenue to the system easy. However, at a business, since the flow is monitored and billed, if the business has 2 times the flow of another business, they will be charged 2 times as much in that year by the Village or Town. EDU rates are set annually by municipality governance and take into account several variables including current fund balance/reserve levels, new debt taken on via bonding, and anticipated costs to run the plant/treatment and the collection systems. Below are the last 5 years of EDU rates at Village and Town:
2021 EDU charge converted to Tax rate per $1,000 on average assessed value of home in the municipality:
Village: Average assessed value $118,000. EDU charge of $195 equates to $1.65 per $1000
Town: Average assessed Value $176,000. EDU charge of $192 equates to $1.09 per $1000