Title
A RESOLUTION CONCERNING THE APPROVAL OF THE FISCAL YEAR 2017 OPERATING AND CAPITAL BUDGETS OF THE WASHINGTON SUBURBAN SANITARY COMMISSION AND THE RECOMMENDATION OF WATER AND SEWER RATES AND AD VALOREM TAX LEVIES FOR THE FISCAL YEAR 2017 for the purpose of adopting as proposed the Fiscal Year 2017 Operating and Capital Budgets of the Washington Suburban Sanitary Commission and the recommended Water and Sewer Rates and Ad Valorem Tax Levies for the Fiscal Year 2017.
Background
Section 17-202 of the Public Utilities Article, of the Annotated Code of Maryland, requires the joint approval of the Prince George’s County and Montgomery County Councils for changes to the submitted WSSC operating and capital budgets. This resolution recommends that WSSC adopt a 3.00% rate increase in water and sewer rates, and implement the second phase in of the Infrastructure Investment Fee. The joint approval of both Councils is required to increase operating expenditures above the amount approved for Fiscal Year 2017. Any changes to the Operating or Capital Budget categories, which exceed the approved categories by 5% or greater, require prior Council approval. For changes below the 5% limit, the Commission may authorize the transfer of funds between categories.
FY2017 Water and Sewer Operating Budget - $ 717,026,000
FY2017 General Bond Debt Service Operating Budget - $ 19,364,000
TOTAL FY2017 Operating Budget - $ 736,382,000
FY2017 Capital Budget - $ 690,298,000
TOTAL FY2017 Operating and Capital Budget - $ 1,426,680,000
Rate Increase - 3.00%
Infrastructure Investment Fee - additional $2.00 Per Month for residential customer with a ¾ inch meter. (Fee varies by meter size. See Appendix E)
Account Maintenance Fee - (Fee varies by meter size. See Appendix D)
SDC Fee - $203 per fixture
Water Production - 164.0 million gallons per day
Authorized Work-Years - 1,778