On June 8th, the OWASA Board of Directors adopted the budget for July 2017 through June 2018.
For the sixth year in a row, OWASA’s budget does not include an increase in monthly rates for water, sewer or reclaimed water service.
For a single-family residence with an individual meter, the monthly bill for 4,000 gallons of water and sewer service will continue to be $70.66.
A summary of rates to be effective on October 1st is available here or by going to www.owasa.org, clicking on About OWASA and then Performance and Financial Information. Some other fees, including the “service availability” fees when a property is first connected to OWASA’s system, will change based on updated costs.
For a comparison of residential bills for 4,000 gallons of water and sewer service by various utilities in the Triangle region, please click here.
The budget for the coming year includes:
- $21.9 million for operating costs, a 4.5% increase over the previous year’s budget.
- $15.1 million for capital projects such as replacing, renewing and improving water and sewer pipes.
- $1.2 million to replace vehicles and other equipment.
- $6.9 million for principal and interest payments on bonds and loans. (OWASA periodically sells bonds to help pay for long-lived capital investments.)
Key initiatives for the coming year include:
- Starting to install Advanced Metering Infrastructure (AMI). With AMI, meters send water use data by radio to a computer system so manual reading (with related costs) is not necessary. AMI allows customers with internet access to monitor their water use. To be completed in about two years, AMI will also enhance OWASA’s ability to help customers identify leaks more quickly.
- Investments in energy efficiency to reduce OWASA’s use of conventional fuels and related greenhouse gas emissions.
- Continuing the affordability outreach program with other community organizations to help customers reduce their OWASA bills through water conservation.
- Overseeing installation of sewers to serve the Historic Rogers Road Area.
- Completing improvements to improve the safety and reliability of the fluoride feed system at the Jones Ferry Road Water Treatment Plant.
- Updating the Long-Range Water Supply Plan.
- Continuing to implement OWASA’s employee diversity and inclusion program.
For more information:
Stephen Winters, Director of Finance and Customer Service, 919-537-4230 or firstname.lastname@example.org