I know it's sometimes hard to read an organization chart, maybe your grandkids could help.

lmftfy... "ty"

You will find this list helpful.
https://www.districtgov.org/images/A...pdf?v=20220824

I don’t believe any of this is an issue for me but who would know with all the initials used. What does it all stand for.

When an entity overpays to acquire assets big price increases to customers are inevitable!

from my post # 6

"It's (CSU/SWCA) a public owned utility serving the Village residents/customers who reside south of 466A to 44 and governed by a seven member board who are elected to serve a four year term in office. Staff is shared with other Village CDDs. This same board, NSCUDD also govern NSU ( water systems from 466 to 466A) and Sumter Sanitation for solid waste service for CDDs 1 through 11. The 25% rate increase discussion is only for the CSU/SWCA part of the operation on NSCUDD (North Sumter County Utility Dependent District)"

If this passes I would recommend all residents to quit watering their lawns.

Then you must really struggle with trying to figure out TOTV

If water rates go up 25% it might be wise to change your landscaping. At this time I am converting my landscape to a more native plant environment as these plants require less water. I plan to reduce my reclaimed landscape consumption of water by 50%. With 401K’s losing value and inflation reducing pensions it might be prudent to cut fixed costs like water. Didn’t we just buy this water company with our amenity fees? Is it already another developer albatross passed over to us?

NSCUDD had to sell over $200 million worth of bonds to purchase these two system from the Developer. And now, NSCUDD has to pay for what we purchased which does affect our cost to then influence our water rates. I will post my comments made at the Monday meeting for all to read on this site.

However, if you can please attend the meeting this Monday at 3PM in the Seabreeze Rec Center. All residents living in CDD9, 10 and 11 will have their rates raised by a yet to be approved amount. If the current staff proposed rate structure is approved( Years 1-3 - 10% increases annually, Years 4-5 -3% annual increases), your rates will be going up by way over 25%.

There is some questionable math being used for year 1.

I hope to be at the meeting to bring this up but in case I am not: The rates proposed for residential fresh water usage, irrigation base rate, and irrigation usage are all increases of 13% over the current rates and not the 10% that seems to be advertised.

- It appears the 10% increase is being calculated on top of the current 2.5% increase rather than instead of this increase (the proposal seems to be to increase our rates twice by April 1).

- The tables with the 2022 rates and proposed 2023 rates are in the agenda packet for anyone to check on this.

- The previous calculation used in the January proposal would have been a single increase, not an increase on top of an increase.

I am considering attending this meeting. I have begun to read the report. It looks like the $200,000,000 price we paid for this utility by floating bonds is not adequately covered by revenues. I also noticed that there were a large number of spreadsheets that purport to show that our increased rates for 2023 (10%+) are in line with the average for all water utilities in Central Florida, but if we consider that future yearly additional increases of 10% per year are planned for the two years after 2023 then our rates will be higher than that average by 2025. Another interesting thought that occurred to me is that if people cut their water use by 25-50% what will this do to these income projections? More than likely people won’t cut back this much, but if they do, the utility will have to increase rates much higher than projected as revenue will fall far short. Villagers overuse their irrigation systems and proper usage could cut water consumption by at least 25%. I hope they were smart enough to include this possibility in their calculations.

below is what I stated at the NSCUDD board meeting today ->

"The following are my thoughts on the CSU operation and rate increases. At the February 6th Village Financial Advisory meeting that I attended, it was stated that there is a potential declining health of US Household finances. We should be very cautious and take our time to raise rates for our customers who can’t shop around.

Some staff members didn’t seem to welcome me when I attended the residential district 10 and 11 board meetings to give supervisors notification that the NSCUDD board was discussing raising water rates by 25% or more and to invite them to visit our new waste management facility. Because of staff’s comments to me before the meetings, I made sure not to suggest that I was speaking for the board but only providing information and asking the supervisors to personally contact any NSCUDD board member or attend a board meeting if they have questions to ask. Most supervisors had no inkling that their residents might face rate increases and welcomed my comments. At some future board meeting, I would like to have a full discussion by this board covering what this board can talk about when we attend board meeting in the districts we represent and to let staff understand what this board is allow to say when attending those meetings.

I asked staff to present to you through district email the two valuations prepared by the firm that represented NSCUDD’s interests when the purchases of CSU and SWCA were made. As I could not tell you directly in that email because of the Florida Sunshine laws, I hope you looked at the projected figures for the 30 year period that helped to determine the purchase price for both. I believe that many of the figures were inaccurate especially the ones that forecasted replacement and contingency costs. Again, at a future board meeting I would like to cover what I believe took place and how we should change flaws in the procedures used to make those two purchases to prevent future mistakes.

Bruce sent an email to all board members stating that “both of which are still less costly than today’s rates charged by NSU and many other Central Florida Utilities”. When questioned by me, he did say that he did not mean to say NSU. However, let’s look at comparing the current rates for NSU to CSU. Both are operated by the NSCUDD board with help from the same District staff people and operated by Jacobs using the same consultants. Supplies purchased by both are the same with inflation factors being identical. CSU is the newer of the two systems. I would ask my fellow board members, which system has the higher current rates based on 3000 gallon used which staff believes is appropriate? Our customers in the CSU area of operation are charged almost 7% more than those living in the NSU area. If we increase CSU rates by option 2 and then yearly increases of 3%, I would calculate that the water rates in CSU compared to NSU will be 45% higher in 5 years. What in the world is happening?

I find it interesting that staff suggests that a higher than 25% increase is what they heard the board recommend at the last NSCUDD board meeting. In the minutes it states that “The Board provided consensus for Mr. Mantz to proceed with Option 2”. I did not hear any motion made by this board at the last board meeting to do that nor did I hear a consensus. And, we are asked to vote for a huge rate increase based in part by capital projects that we have not yet approved. I will say once again that I will only vote for a 10% increase in the first year to then discuss at a 2024 budget planning meeting what new rates might be needed at that time. So, I ask all board members to please, please, move very cautiously ahead. And, I formally propose a 10% rate increase for one year to then review any further possible rate adjustments at the 2024 budget planning meeting."

The board approved a one year 10% increase starting in April 2023 with our determining further rate increases at future board budget meetings.

Good job!

Staff still want's the board to approve option 2 which would raise our water rates much more than 25% in a 5 year period. I will have more to say at the NSCUDD board meeting this afternoon at the SeaBreeze Rec Center at 3PM. Please attend this meeting as we have many interesting topics to discuss.