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Rate Increase Notification

April 24, 2023

RATE INCREASE NOTIFICATION

 Bear Creek Special Utility District (SUD) purchases all treated water from North Texas Municipal Water District (NTMWD).  NTMWD notified the SUD in September 2022 that the cost of treated water would increase by 13% beginning October 1, 2022.

On October 14, 2022, Bear Creek SUD contracted with Raftelis Financial Consultants to prepare a water utility rate study. The study included the projection of budget items, such as annual costs related to labor, power, materials, capital expenditures, plant investment, O&M expenses, transfers, reserve contributions and debt service coverage.  The results of the rate study were presented to the Board of Directors on February 27, 2023.  After the rate study was completed, the recommendation was a proposed 15% rate revenue increase.

Upon consideration of the information available to the SUD, on March 20, 2023, the Board of Directors adopted a 15% increase to its water service rates.

Existing Water Rate:

$35.00 Minimum monthly bill for ¾” meter

New Water Rate:

$40.25 Minimum monthly bill for ¾” meter

$6.50/1,000 GALS FOR 0 TO 5,000 Gallons

$7.48/1,000 GALS FOR 0 TO 5,000 Gallons

$7.22/1,000 GALS FOR 5,001 TO 10,000 Gallons

$8.30/1,000 GALS FOR 5,001 TO 10,000 Gallons

$8.28/1,000 GALS FOR 10,001 TO 15,000 Gallons

$9.52/1,000 GALS FOR 10,001 TO 15,000 Gallons

$10.24/1,000 GALS FOR 15,001 TO 25,000 Gallons

$11.78/1,000 GALS FOR 15,001 TO 25,000 Gallons

$11.54/1,000 GALS FOR OVER 25,001 Gallons

$13.27/1,000 GALS FOR OVER 25,001 Gallons

Construction Water Rates: (Fire Hydrant Meter) 

New Construction Water Rates: (Fire Hydrant Meter) 

$11.54/1,000 Gallons

$13.27/1,000 Gallons

 Cost of 5,000 Gallons of Water for ¾” Meter:

Old Rate = $67.66

Cost of 10,000 Gallons of Water for ¾” Meter:

Old Rate = $103.94

New Rate = $77.84

New Rate = $119.54

Increased cost of $10.18 compared to old rates

Increased cost of $15.60 compared to old rates
       

The effective date of the rate increase will be on the bill due June 10, 2023, bill.  The usage period is April 18, 2023 to May 17, 2023.

The Board of Directors is committed to providing all customers with safe and dependable water at the most reasonable rates possible.  If you have any questions or comments, please contact the district’s office at 972-843-2101.