Click here to read the newsletter. Here’s an excerpt:
San Juan Water Conservancy District Proposed Mill Levy a No-Go
San Juan Water Conservancy District was disappointed in the results of the Tuesday election. SJWCD put forth a proposed mill levy (Ballot Measure 5A) to help fund the proposed San Juan Headwaters Project (previously known as Dry Gulch) raw water storage project. The measure did not pass.
The District needed to pass this measure as a means to pay debt servicing on a $2 Million loan secured from the Colorado Water Conservation Board this past May. The loan is contingent on securing a revenue source sufficient to pay the loan back.
The District knew, and this election confirmed, passage of a tax increase was an uphill effort. “The strategy we embarked on for this past election was educational. We truly felt that if we could inform voters that the failed effort to build a 35,000 acre foot reservoir that would cost $400 Million is not the same project now being proposed, which is an 11,000 acre foot reservoir costing $70 Million. Obviously, our education effort fell short,” stated Rod Proffitt, SJWCD President.
“Since we have few options to improve our revenues, it is highly likely we will again propose a mill levy increase this coming year,” added Proffitt. In the meantime, the District is heavily involved in local efforts to implement the objectives of the Colorado Water Plan.