SCAC Audio 11/28/11
11/28/11 SCAC meeting audio of Ed Eby comments on the WIP project and rates
h:mm:ss | Notes on Comments made |
0:00:01 | Ed Eby, Public Comment |
0:00:04 | Director on the NCSD Board of Directors |
0:00:12 | Review the Last Meeting |
0:00:16 | At the presentation at the high school we made an estimate of what the pipe line would cost |
0:00:26 | At that time we said it would be |
0:00:28 | Approximately $239 property tax for a parcel 1/3 acre or less |
0:00:37 | In addition to that your water bill would go up $8 per month |
0:00:44 | That was the information at that point |
0:00:48 | we have had our financial consultants looking at ways to fund this project |
0:00:54 | and looked at another mix that has less property tax and more burden on water rates |
0:01:02 | The second option they came up with. |
0:01:09 | an annual property tax for the same size parcel of $103 |
0:01:15 | and a water bill will be f $12 a month on average they with out the project. |
0:01:28 | Those were NCSD numbers |
0:01:31 | What those mean in terms of the other water companies is |
0:01:33 | Rural Water company would be about the same |
0:01:38 | Golden State Water Company would be less, in fact about 1/2 that |
0:01:45 | If you lived in the Woodlands it would be twice that |
0:01:50 | the point is the mix that we are looking at now would be less on the property tax and more on the water bill |
0:01:58 | and would be like I said about $12 a month more |
0:02:03 | and your annual property tax would be about $103 dollars per year for this assessment or $8.58 per month |
0:02:12 | The third option that we did not look at was completely with rates |
0:02:24 | to get increase among all four water companies would take as long as 2 years |
0:02:34 | We don't think if you wait you save money |
0:02:38 | Look back at los Oso $15-$20 million in 1980s and now $180 million |
0:03:01 | before inflation and construction cost go up we want to do this project. |
0:03:22 | Question: What would have been the relative cost of desal |
0:03:28 | Well We tossed that out of the mix because be figure that is a 15-20 year project |
0:03:44 | Monteray is now $400 million and was $200 million |
0:04:01 | Desal for use would be at least $100 million dollars and 15-20 years out |
0:04:17 | Why?, EPA, Fish and game ... |
0:04:57 | Question: Why is Golden State 1/2? Because they are spreading the cost over more customers. |
0:05:11 | Question: The $103 what would it be for 1 Acre? |
0:05:16 | probably twice that |
0:05:36 | .35 acres is one benefit unit |
0:05:46 | :One BU is $103 per year or $8.58 per month |
0:06:00 | Question: from SM 2500 AF of water how much does it cost. |
0:06:05 | I can't tell you that right now |
0:06:19 | I have been looking at those numbers for a year and don't get that. |
0:06:24 | Ed Eby, I'm Sorry |
0:06:30 | Question: How many BU's are there in this project? |
0:06:33 | 14,000 |
0:06:41 | Question: Have you looked into the Sand City desal |
0:07:02 | Eby, Sand City? |
0:07:17 | Bill, it's a plant that is very far along and got all the approvals |
0:07:38 | Eby, The only project I have heard about are Moro Bay and Santa Cruze |
0:08:09 | Chair, John Do you have a question? John, Yes I did. |
0:08:14 | Ed Eby, I don't answer Questions from you John. |
0:08:18 | John, I will just ask my Question |
0:08:19 | John, You mentioned that you had a $12 rate increase |
0:08:23 | For option number 2 |
0:08:25 | At the bottom there is a footnote, That's for the first year |
0:08:28 | At the bottom there is a foot note that says |
0:08:30 | :that a similar increase has to occur in year two and three |
0:08:35 | and in the fourth year it will level off. |
0:08:36 | So does that mean in the fourth year you are talking about $36 |
0:08:40 | and only the first year is $12 |
0:08:43 | you have to have another increase after that and another one after that |