From the Parker Chronicle:
Said Mary Spencer, President of the [Parker Water and Sanitation District] Board, “The tap fee income PWSD has received from new development allows us to pay debt and reduce property taxes from 14.925 mills to 10.172 mills in 2012. This translates to a savings on property taxes. The reduction in the mil levy also includes a onetime reduction in the operating portion of the mill levy by 0.925 mills to payback property taxes plus interest that were collected in excess of limits allowed under TABOR. In addition, the Board is presenting to their customers, at the October 17, 2011 budget hearing, that there be no increase in the 2012 wastewater rates and only a 4% increase in water rates. The 4% increase for the average in house use of 6,000 gallons is $1.59 per month…
The Board will consider the proposed budget for approval at the October 17, 2011 Board meeting to be held at 7 PM at the District’s North Water Reclamation Plant located at 18100 E. Woodman Dr., Parker , CO 80134.
More Parker coverage here.