Mount Pleasant Waterworks Announces Approval of Fiscal Year 2018 Budget
July 6, 2017
On Monday, June 26, 2017, Mount Pleasant Waterworks (MPW) Commissioners cast their final vote to approve the Fiscal Year 2018 Budget and make changes to fees and charges. “Over the last several months we spent many hours studying the budgetary needs of the Commission. We believe, together with staff, we have developed a budget along with rates, fees, and charges that provides for financial stability in order to operate and maintain a reliable system. This allows our employees to continue to provide excellent service to our customers,” said Chairman Rick Crosby.
The Commissioners approved an Operating Expenditures Budget of $36,660,497. The Capital Budget was a two year budget of $82,687,448 which was approved in June 2017. “We presented our Commissioners with a budget that covers the cost of operating and maintaining a reliable system, provides sufficient funds necessary to assure that we continue to adhere to stringent regulations, and expands our system to handle services needed for our growing community,” said General Manager Clay Duffie.
In addition to approving the Operating Budget for Fiscal Year 2018, the Commissioners voted to increase the volumetric rates and Basic Facility Charges by 5%, adjust the Water and Wastewater Impact Fees, and adjust various charges. “As Commissioners, we work to keep the cost of providing water and wastewater services affordable. The services provided by Mount Pleasant Waterworks are life sustaining services that none of us could live without. The value of clean safe water for our community is invaluable,” added Chairman Rick Crosby.
Beginning in July, the average bill for a customer who uses 5,000 gallons of water per month will be $73.55. This is an increase of $3.55 from last year.
“Our employees do an outstanding job with providing efficient and effective service to over 80,000 residents. Each year, MPW undergoes an extensive financial audit to ensure that the funds allocated are utilized in a fiscally responsible manner. Audits continue to show that our employees are good stewards of the revenue collected from our customers,” said General Manager Clay Duffie.
MPW does not receive funding from taxes or the Town of Mount Pleasant, the operating revenues received are solely from water and wastewater sales. These funds are only utilized to operate and maintain the water and wastewater system. “At MPW, we believe that growth should pay for growth. Our operating revenues collected from our current customers do not pay to expand and extend our system to new customers. Any costs related to expansion and extension is paid through impact fees,” said General Manager Clay Duffie.
Throughout the budget process, MPW Commissioners held several committee meetings and a public hearing. During the June 5, 2015 public hearing no comments or questions were received from the general public regarding the budget. The Commissioners hold monthly Commission meetings which the public is invited and encouraged to attend.
To view the full rate schedule visit https://mountpleasantwaterworks.com/customers/rates/schedule or email email@example.com.