Currently on the agenda for the Tuesday, March 28, 2017 village board meeting there is a motion for a $1 per 1000 gallon water rate reduction. The village board passed a $2 rate increase a few years back to help pay for the water treatment plant improvements with a promise to the residents that if there was a loan forgiveness or if the loan was paid the $2 increase would not be needed and returned.
The water treatment plant improvements are complete and Sauk Village has received nearly $4 million in forgiveness or grants that went towards the 4.8 million dollar loan. Currently Sauk Village only owes approx. $900,000 and the water improvement loan monthly repayment scheduled has been reduced to match the new amount.
Now, is the time to give back to the residents however, some board members still have a problem with giving back after they have taken. This Tuesday you have an opportunity to have your voice heard. Last Tuesday’s committee meeting some Trustees and their running mates in this next election had their family and friends speak out in keeping and implementing further increases for Lake Michigan Water. These candidates and individuals have no plan, timeline or updated costs however, they make excuses for not giving back what they promised.
At the forum last Saturday, two candidates for Mayor stated they didn’t have enough information however, this topic was discussed in length at last Tuesday’s committee meeting and all questions were answered.
Below is an average break down for the $1 per 1000 gallon in water rates.
Based on the last 12 months of water usage data the following would be the average breakdown per household.
- Looking at the rate reduction from the village side
- Current rates - $7.50 per 1000 gallons
- Recommended water rate reduction $6.50 per 1000 gallons
- If passed, the village would receive $147,711 less when compared to the last 12 months water usage however, would still be collecting $1 per 1000 gallons or $147,711 per year to pay on a $60,000 yearly payment (more than 2X’s the yearly payment).
- Now let’s look at how the residents would be affected.
- $1 per 1000 gallons reduction
- Average saved based on 3000 households ($147,711 / 3000 billing houses / 6 payments =)
- Approx. $8 per billing cycle or $4 per month
- Approx. $50 per household a year
Doesn’t sound like a lot per household….so why are Trustees going back on their word?
Note: The above is only an average and some households may have less or higher usage. Example: A family of four or more would use more water than a senior which may only have one of two living in the house.