The Parker Water and Sanitation (PWSD) Board will be considering a property tax reduction of 31% for its existing customers starting in 2012. Said Mary Spencer, President of the PWSD Board, "The tap fee income PWSD has received from new development allows us to pay debt and reduce property taxes from 14.925 mills to 10.172 mills in 2012. This translates to a savings on property taxes. The reduction in the mil levy also includes a onetime reduction in the operating portion of the mill levy by 0.925 mills to payback property taxes plus interest that were collected in excess of limits allowed under TABOR.
In addition, the Board is presenting to their customers, at the October 17, 2011 budget hearing, that there be no increase in the 2012 wastewater rates and only a 4% increase in water rates. The 4% increase for the average in house use of 6,000 gallons is $1.59 per month. Said Mary, "We are very pleased the wastewater rates will not be increased in 2012. We will also be presenting at the hearing that water rates will not be going up 9% as previously anticipated. Instead, the water rates in 2012 will only reflect a minimal 4% increase due to increases in the costs of producing water for our customers."
The Board will consider the proposed budget for approval at the October 17, 2011 Board meeting to be held at 7 PM at the District's North Water Reclamation Plant located at 18100 E. Woodman Dr., Parker , CO 80134.