On Monday, June 24, Mount Pleasant Waterworks (MPW) commissioners approved the Fiscal Year (FY) 2020 Operating Budget in the amount of $41,009,003; and the FY2019-20 Capital Budget totaling $162,250,362.
The FY2020 Operating Budget includes increasing the current residential and commercial water volumetric rate by $0.27 per 1,000 gallons, and the residential wastewater volumetric rate by $0.33 per 1,000 gallons. For those customers who have both water and wastewater services and are assigned one Residential Equivalent Unit (REU) the Basic Facility Charge (BFC) will change to $27.59. This allows all customers to fairly and equitably share in the fixed costs associated with providing service. The following adjustments to impact fees were also approved: increase in the Water Impact Fee from $2,295 to $2,770 per REU; and a decrease in the Wastewater Impact Fee from $5,164 to $4,950 per REU. New rates will take effect on July 1.
Both MPW’s Finance and Personnel Committees held budget workshops in April and May followed by two public hearings on June 3 at Town Council Chambers and June 5 at the Wando High School Performing Arts Center.
During the public hearings, the community was given the opportunity to learn about MPW’s Five Year Strategic Business Plan. Staff discussed enhancements in MPW services being provided to our customers and the capital program, which focuses on planning and reinvestment in our infrastructure. “I’d like to thank customers that took time out of their busy schedules to attend one of our public hearings this year. We want our community to have the opportunity to participate and feel like they are an integral part of our process,” said commission chair Rick Crosby.
“The replacement value of our current infrastructure, which provides customers both clean, safe, drinking water and a reliable wastewater collection system is $2 billion. Our expansive system of assets relies on sufficient funding to assure that we continue to adhere to stringent regulations while being able to sustain our system to accommodate our customers’ needs,” stated general manager Clay Duffie.
MPW’s Five-Year Strategic Plan includes goals to ensure operational excellence through water quality improvements while protecting public health, safety, and the environment. Our FY2019-2020 Capital Budget supports these efforts through major projects like deep well replacements, large diameter water line cleaning projects, the addition of a third connection to Charleston Water Systems, the rehabilitation and expansion of the Rifle Range Road Wastewater Treatment Plant, Snowden Phase 2 gravity line extension, and the pump station and collection system rehab programs.
“Our employees do an outstanding job with providing efficient and effective service to nearly 92,000 residents. Each year, MPW undergoes an extensive financial audit to ensure that the funds allocated are utilized in a fiscally responsible manner. Audits continue to show that our employees are good stewards of the revenue collected from our customers,” Duffie said. “This year our Finance Department received their 22nd Certificate of Achievement for Excellence in Financial Reporting along with their 10th consecutive Distinguished Budget Presentation Award. Both awards display the organization’s financial management and responsibility.”
MPW does not receive funding from taxes or the Town of Mount Pleasant. The operating revenues received are solely from water and wastewater sales. These funds are only utilized to operate and maintain the water and wastewater system.
“At MPW we believe that growth should pay for growth. Our operating revenues collected from our current customers do not pay to expand and extend our system to new customers. Any costs related to expansion and extension is paid through impact fees,” Duffie added.
To view the full rate schedule visit mountpleasantwaterworks.com