(a) 
Sewer taps.
(1) 
Sewer locates: $35.00/each.
(2) 
Any sewer tap or installation of a sewer line that requires cutting a street surface will require an additional fee of $7.50 per square foot of street surface cut in order to make repairs to the street surface.
(b) 
Rates: residential.
(1) 
Minimum: $18.50.
(2) 
7,001 - 20,000 gal: $0.20/1,000 gal.
(3) 
Over 20,001 gal: $0.50/1,000 gal.
(c) 
Rates: business/office.
(1) 
Minimum: $23.12.
(2) 
7,001 - 20,000 gal: $0.20/1,000 gal.
(3) 
Over 20,001 gal: $0.50/1,000 gal.
(d) 
Laundry and/or carwash.
(1) 
Minimum: $33.00.
(2) 
7,001 - 20,000 gal: $0.20/1,000 gal.
(3) 
Over 20,001 gal: $0.50/1,000 gal.
(e) 
Hotel/motel.
(1) 
Minimum: $195.00.
(2) 
7,001 - 20,000 gal: $0.20/1,000 gal.
(3) 
Over 20,001 gal: $0.50/1,000 gal.
(f) 
Trailer park.
(1) 
Minimum: $70.00.
(2) 
7,001 - 20,000 gal: $0.20/1,000 gal.
(3) 
Over 20,001 gal: $0.50/1,000 gal.
(g) 
Restaurant.
(1) 
Minimum: $22.00.
(2) 
7,001 - 20,000 gal: $0.20/1,000 gal.
(3) 
Over 20,001 gal: $0.50/1,000 gal.
(h) 
Convenience/grocery store.
(1) 
Minimum: $22.00.
(2) 
7,001 - 20,000 gal: $0.20/1,000 gal.
(3) 
Over 20,001: $0.50/1,000 gal.
(i) 
Public schools: $385.00.
(j) 
Customers outside the city limits shall be double the inside city rate.
(k) 
Water system improvement fee is as follows:
2024 Certificates of Obligation
FYE 9/30
Closing: 3/12 Principal
TIC: 5.09% Interest
Debt Services
Estimated Number of Connections
Est. Monthly Cost per Connection
Est. Monthly Cost per Connection at 1.25x Coverage
2023
$-
2024
$-
2025
$20,000
$113,814
$133,814
1,273
$8.76
$10.95
2026
$55,000
$78,250
$133,250
1,273
$8.72
$10.90
2027
$55,000
$76,050
$131,050
1,273
$8.58
$10.73
2028
$60,000
$73,750
$133,750
1,273
$8.76
$10.95
2029
$60,000
$71,350
$131,350
1,273
$8.60
$10.75
2030
$65,000
$68,769
$133,769
1,273
$8.76
$10.95
2031
$65,000
$66,006
$131,006
1,273
$8.58
$10.73
2032
$70,000
$63,050
$133,050
1,273
$8.71
$10.89
2033
$70,000
$59,813
$129,813
1,273
$8.50
$10.63
2034
$75,000
$56,275
$131,275
1,273
$8.59
$10.74
2035
$80,000
$52,400
$132,400
1,273
$8.67
$10.84
2036
$85,000
$48,275
$133,275
1,273
$8.72
$10.90
2037
$90,000
$43,900
$133,900
1,273
$8.77
$10.96
2038
$95,000
$39,275
$134,275
1,273
$8.79
$10.99
2039
$100,000
$34,400
$134,400
1,273
$8.80
$11.00
2040
$105,000
$29,013
$134,013
1,273
$8.77
$10.96
2041
$110,000
$23,100
$133,100
1,273
$8.71
$10.89
2042
$115,000
$16,913
$131,913
1,273
$8.64
$10.80
2043
$120,000
$10,450
$130,450
1,273
$8.54
$10.68
2044
$130,000
$3,575
$133,575
1,273
$8.74
$10.93
$1,625,000
$1,028,426
$2,653,426
*
Assumptions:
Series 2024 financing assumptions are based on the market as of November 27, 2023 (plus 0.25%) Preliminary subject to change
(Ordinance 655 adopted 11/10/2025; Ordinance 655-A adopted 4/13/2026)