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2023 Budget in Brief

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20 23

Budget in Brief

Centennial Water & Sanitation District is the water and wastewater utility serving Highlands Ranch and Mirabelle. It has provided water and wastewater services to residential and commercial customers for four decades. MISSION: Provide safe, sustainable and reliable water and wastewater utility services to our customers with superior quality and value. VISION: To set the standard of excellence for community-based water and wastewater utility services through innovative practices in finance, operations and resource management.

INFRASTRUCTURE AT A GLANCE

OPERATING REVENUES

RATES AS A FUNDING SOURCE

$49,843,814

Water Utilization Charges Wastewater Utilization Wastewater Utilization Charges Charges Other Operating Other Operating Intergovernmental/Fund Intergovernmental/Fund Reimbursement Reimbursement Rental Income Rental Income Water Utilization Charges

While some water and wastewater providers are funded by a combination of property tax and rates, Centennial Water is solely funded by rates. Rates provide funding for operations and reserve for future needs including water acquisition, debt service and capital. The Centennial Water board of directors is committed to the annual review of rates to ensure sufficiency for the upcoming year and the future. Centennial Water’s rates continue to be among the lowest in the south Denver Metro area.

WATER RATES PER 1,000 GALLONS

OPERATING EXPENDITURES

Rates recover the cost of operations and maintenance including cost for staff, treatment chemicals, utilities, ongoing repair and maintenance of facilities, water acquisition and debt service. Usage of Residential Budget Summertime

Residential Wintertime

Nonesidential Multi-Famil Indoor Only

$27,970,536

Nonresidential Multi-Family Irrigation Only

Up to 100%

$4.52

$4.52

$4.18

$4.62

100% - 120%

$6.08

$6.08

$5.66

$6.20

120% - 140%

$9.23

$6.08

$5.66

$10.90

140%+

$13.97

$10.06

$9.85

$18.50

Water Operation

Wastewater Ope

Technical Manag

General Manage

Water Operations Wastewater Operations

Technical Management General Management


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2023 Budget in Brief by Highlands Ranch Metro District - Issuu