Prudence Island Water District adopts budget, sets rates
At its regular monthly meeting on Saturday, September 15th, the Prudence Island Water District Board adopted a budget for fiscal year '19 which begins on October 1st, according to a news release.
The Board approved operating budget is $256,232. The Board also approved a capital improvements budget of $555,738.
The Board also set a tax rate as well as a water rate to fund the budget for the coming year. The tax rate was set at $0.69 per $1,000 of assesed value of property within the district with a total tax levy of $51,712. The annual water rate was set at $550.00 per connection.
Editorial note: Written from a news release.