The District’s right to tax is for bond reduction and for a Maintenance and Operation
tax. Currently the M&O tax is all
that is being collected.
The District Budget collects $300,000. From water/sewer connections and
$300,000. in M&O taxes.
If the district only collected for water/sewer the residents on the
system would pay in excess of $140. a month in service fees while
the vacant lots would pay nothing. The
taxes are set to allow all property in the district to contribute
to the standby and operational costs of the District for their right to capacity guarantees in
order to be able to join the system at some future date. Your board has chose to split the budget with
M&O taxes since those taxes are IRS deductible and water bills are not.