As a city we have a number of challenges facing us, including limited water production capacity, deteriorating utility mains, and limited system maintenance capabilities. Most of all, we have an obligation to responsibly take care of the City as a whole and this includes making sure that we have the financial resources to accomplish the variety of tasks put in front of us. To help the City an engineering firm, AE2S, was brought in to assist staff in developing a new financial plan for our water system. AE2S brings years of experience working with water utilities like ours and are well-versed in helping implement best practices in utility financial planning. The work to be completed by AE2S will include a detailed water rate study that will formulate the base of a five-year financial plan. The plan will be based on projected annual expenditures that are necessary to continue providing high quality water of sufficient quantities into the future. The plan will contain rate recommendations for 2020 as well as a forecast of future rate adjustments. These recommended adjustments will be reviewed periodically and modified based on actual revenue generated and upcoming expense requirements. For more information please click on the links below and/or view the "Cost of Service Analysis" video. Thank you for your understanding. --Office of the Mayor of Box Elder, SD
Water Bill Explanation Water Rate Study FAQ Handout - (Pre-Analysis)
AE2S Nexus has prepared a rate calculator to help you better understand the potential impact from the PROPOSED rates on your monthly bill. Council has not acted on these proposed rates and they are subject to change, but the calculator can be used to help estimate the impact. To see how your monthly bill could change, please click the link below, select what type of user you are, and enter the usage from your most recent bill.