Posted on Friday April 05, 2019
The new water rate change will occur over two years. The first water rate change went into effect on October 1, 2018 and the second will occur on October 1, 2020.
Mallory Valley Utility District places great value on the responsibility to deliver high-quality and reliable water service to our customers. The District has been able to deliver water to our customers at reasonable and cost efficient rates based on our purchased water costs, our volume of water sales and the growth within our service area.
To meet the long term water needs of our present and future customers, the District is investing in several large capital improvement projects to replace and extend our current water system infrastructure. The debt costs, increased depreciation costs and increased operating costs related to these capital improvements necessitate an increase in the District's current revenues.
The new water rate change will occur over two years. The first water rate change will become effective October 1, 2018 and the second on October 1, 2020. The District's rate changes will allow the District to deliver the same high-quality and reliable water service on which our customers depend.