The costs listed are:
- What you will pay each month for sewer service
- What you will pay in SDC fees. (Each property owner has to pay a one time SDC fee to help cover the cost of the sewer system.)
Total System Development Charges (SDCs)
The total SDCs are the sum of the reimbursement and improvement components. The estimated total SDCs would be $6,480 ($3,634 + $2,846). This total represents a worst-case scenario and assumes the entire project would be paid for through a state or federal loan.
Although not guaranteed to be awarded to the District, this amount can be reduced through applying for and acquiring grants to effectively reduce the overall direct capital expenditure by the District. For instance, if the District was to secure $1.8 million in grant funding for Phase A initial reimbursement costs for Phase A would be reduced by $1.8 million and the total SDCs would equate to $4,773. Please see Table 8-4 below for a summary of estimated sewer rates, SDCs, and revenues for both scenarios.
Table 8-4. Estimated Sewer Fees and Initial Revenues
Scenario 1 ($1.8 million grant funding) | Scenario 2 (no grant funding) | |
Monthly Rate per EDU | $65 | $100 |
SDC Hookup Fee per EDU | $4,773 | $6,480 |
Initial Operating Revenues (160 EDUs in 2025) | $124,800 | $192,000 |
Initial SDC Revenue (160 EDUs in 2025) | $763,616 | $1,036,861 |
Initial SDC Revenue (160 EDUs in 2025) | $763,616 | $1,036,861 |
Annual Sewer Cost % MHI | 1.37% | 2.12% |
EDU = equivalent dwelling unit; MHI = median household income; SDC = system development charge |
From what we have heard, the Terrebonne Sanitary District has NOT updated its projected budget to reflect costs, increases in interest rates, or inflation.
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