2. The District’s Future Would be Placed in Jeopardy
Our water district is already facing a serious financial crisis. That is why it enacted the new rate structure and rate increase, following the required, complicated process that included multiple opportunities for community engagement. [Click here for more information on the new rate structure and its rationale. https://slvpost.com/the-slv-water-district-rate-hike-what-happened-and-why/]
The sad fact, ignored by the measure’s proponents, is that the costs of delivering safe, reliable water service are rising well above the rate of inflation.
The measure would undo the District’s careful work to develop a fair and equitable rate increase. The District’s plan puts the primary financial burden on heavy water users and addresses the many challenges we face in continuing to provide safe, reliable water service to all.
The district faces huge challenges even with the rate increase. Without it, we will be following the path of the privately-owned Big Basin Water Company, which is now in receivership. Its ratepayers have unreliable and often unsafe water supply and face plunging housing values.
Responding to the next fire or flood, the next burst of an aging pipe (as recently occurred in Boulder Creek), the failure to replace leaky water tanks, and suddenly we can’t flush the toilet, don’t have water to put out a house fire, and have dirty water coming from the taps. This is literally the risks we are taking if we enact Measure U.
Underinvestment is not a viable option. The savings now will be more than wiped out by avoidable increased costs in the future.