Study: Higher than neighbors
Fayette water most expensiveBy
DAVE HAMRICK
Staff Writer
Fayette
County residents pay more for water than their
neighbors, according to a recent study.
Wachovia
Securities Inc., a company involved in financing
numerous water and sewer construction projects,
recently released a study rating Fayette's cost
for water higher than rates in Fulton, Henry,
Douglas, Clayton and Coweta counties.
Using
an average of 9,000 gallons a month, the bill in
Fayette would be $35.60, said bond counsel Bill
Johnston, who conducted the study.
For
the same 9,000 gallons, Fulton residents pay
$25.50, Douglas residents $29.44, Coweta $30.03,
Henry $28.77 and Clayton $18. Fayetteville
residents would pay $28.80, but Peachtree City
rates were not ranked in the study, said
Johnston.
That's
no big surprise, said County Commissioner Glen
Gosa, chairman of Fayette's Water Committee. Many
water systems in surrounding counties are
subsidized by tax dollars, he said.
Ours
is a true enterprise fund. There's no benefit
from tax dollars. It's strictly funded from
product sales and loans... at competitive
rates.
Not
only do some other counties put tax dollars into
their systems, but they also have reduced costs
simply by being older than Fayette's system, Gosa
said.
More
federal grant and low-interest loan money was
available when they were building their systems
in the `70s and `80s, he said, whereas Fayette
has built its system in more recent years when
those funding sources have been reduced.
And
Fayette's heavy capital costs have come more
recently and thus are higher, he added.
We've constructed two reservoirs and are in
the permitting process for a third, and we've
built water tanks, loop lines and a treatment
plant.
Other
water systems are aging and expanding, so they
will have to replace old facilities and build new
ones, he predicted. As they build their
reservoirs and construct their loop lines, their
costs will be closer to ours and their rates will
begin to close, he said.
Fayette's
last rate increase was in 1991, Gosa said,
and we don't anticipate anymore rate
increases for the foreseeable future.
Clayton
County ranked lowest among all metro Atlanta
counties for combined water and sewer rates,
below DeKalb, Cobb, Douglas, Henry, Cherokee,
Gwinnett, Fulton and Fayette. In that comparison,
Fayette was ranked second behind Fulton County,
but the comparison is moot since Fayette does not
provide sewer service.
Johnston
said the study is conducted to give bonding
companies an idea how much flexibility water
providers have in their rates.
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