Click here to read the newsletter. Here’s an excerpt:
<blockquoteThe Northern Water Board of Directors set 2016 water assessments during an Aug. 6, 2015 public hearing. Assessments for open-rate irrigation contracts increased from $10.90 per acre-foot unit to $17.60, and assessments for open-rate municipal, industrial and multipurpose contracts increased from $30.50 per acre-foot unit to $35.90.
The Board followed its general rate-setting objectives, which are outlined in its 2014 forward guidance resolution. Among other objectives, the resolution proposed a 2-year step increase in assessments beginning in 2016, and moving irrigation assessments towards a cost-of-service based rate. Both of these objectives are represented in the 2016 assessments.
The Board will consider forward guidance that provides an estimated range for 2017 and 2018 water assessments at its Sept. 3 Planning and Action meeting.
For information on water assessments, please contact Sherri Rasmussen at 970-622-2217.