The short answer is, “Yes.” WHCRWA must charge sufficient rates to cover debt service payments and operating costs. Looking at the projected bond requirements over the next few years, a large amount of money is going to be needed as the transmission and distribution projects move from the design phase into the construction phase.
Since its creation the Board has set fair and reasonable rates, and has relied on the services of an independent rate analyst to: consider the costs related to carrying out the mission of the West Authority; the funding needed to comply with the HGSD conversion mandates; and to pay our share of the massive infrastructure projects – our share of which is OVER $1.5 Billion.
WHCRWA has its own Capital Improvement Projects – the distribution lines, storage facilities and pump stations to deliver water to the community. We will continue to update the Rate Study as information becomes available about construction costs and to do everything possible to hold prices down.