FAQs for Current PWSD Customers
Why does PWSD want to take this on?
Water is a shared resource and PWSD believes that working collaboratively as a region is the best option for a sustainable, resilient water future.
The economics of water require that we move beyond building and maintaining individual water systems. Building strategic partnerships helps PWSD to maximize our efficiencies and economies of scale and provide affordable rates to all of our service areas.
This plan for inclusion of CPNMD provides for a continued stable financial environment, enabling a focus on more long-term solutions. PWSD comes to this deal from a position of financial strength.
Additionally, PWSD currently maintains interconnections with Denver, Aurora and Castle Rock’s water systems to provide a redundant supply of water in the event of an emergency. CPNMD has water rights on the South Platte River, which are used to help meet their current demand. If the inclusion is approved, PWSD would take ownership of the CPNMD’s infrastructure and water rights on “Day 1” of the inclusion. Once the interconnect with CPNMD’s system is complete, PWSD would have access to another redundant supply of water, from Centennial Water and Sanitation District, in the event of an emergency.
Will my water & wastewater rates increase because of the inclusion?
By applying economies of scale, this plan will enable us to apply cost efficiencies that will benefit both PWSD and CPNMD customers. Outside of PWSD’s annual inflationary rate increases, the rates that PWSD’s customers currently pay will not be impacted by the inclusion. To determine your estimated monthly residential water bill please visit our online bill calculator.
Will my property taxes increase because of the inclusion?
PWSD currently receives a portion of its funding from customers’ property taxes. If the inclusion is approved, PWSD customers will see a reduction in PWSD's portion of their property tax rates. By expanding PWSD’s customer base, the amount of property taxes needed from current PWSD customers will be lower. The actual amount of reduction will be based on the assessed value of your home. Based on the average home value in Parker (per Zillow) property taxes would decrease approximately $54 annually.