Please refer to the Town Hall presentation slides through this link for information about cost comparisons. These estimates include ranges as there are still many unknown factors and assumptions are based on information the Village has at this time.
The following suggestions have been made by residents: Charging Higher Rates to Non-Indian Hill Residents – Most other jurisdictions that supply water outside of their respective jurisdiction do so at a higher rate. Cincinnati, Wyoming, and Milford are examples. Indian Hill is somewhat unique, as the rate paid for 1 CCF (748 gallons) is the … Continued
Please refer to the Town Hall presentation slides through this link for information about cost comparisons. These estimates include ranges as there are still many unknown factors and assumptions are based on information the Village has at this time.
A 30-year bond is included in Council’s annual water rate analysis for the water tower and PFAS removal facility. Bond payments are accounted for in the Capital Reserve Fund and included in the annual water rate (similar to mortgage payment). There is not a separate property tax levy associated with the bond payments, the bond … Continued
Each year, Council performs a water rate analysis based on past year budget performance and multi-year forecasts within the Water Works Maintenance and Operation Fund and Capital Reserve Funds. Money is transferred on an annual basis from the Maintenance and Operation Fund to the Capital Reserve Fund based on cost for various projects – water … Continued
Madeira uses approximately 20% of the water produced by the Village and accounts for roughly 24% of the revenue due to minimum billing. The effects of this change are currently being explored in Council’s annual water rate analysis. If this change occurs, a two-year transition is required. Therefore, budgetary effects would not be seen until … Continued
