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Combinations of Betterment Principal andAdditional Depending on the betterment principal charged, the ratio <br /> Taxes to CoverAssumed Project Costs of betterments and taxes would fluctuate. <br /> Taxes/Betterment Ratio:Fees from 4,000 homes in <br /> Betterment Annual Additional tax Percent Tax 2017cover'ing$10Mexpense, Various Betterment <br /> Principal Payment per per Taxpayer Increase Principal Scenarios <br /> Residence <br /> $30,000 $1,058 $192 6.80% Betterment Portion covered Portion covered by <br /> $20,000 $705 $239 8.50% Principal by taxes betterment charges; <br /> $10,000 $353 $286 10.20% $30,000 $6M $4M <br /> $0 $0 $333 11.90% $20,000 $6.8M $3.2M <br /> Figure 3 1 $10,000 $8.6M $1.4M <br /> The following charts lay out different options for how Figure 5 <br /> the project could be paid for over time. Any one of the Connection Fees <br /> options covers the overall debt service cost (minas the <br /> management of debt by the Town over time) but as you Homeowners are required to fitnd the connection from <br /> can see from the pie charts, the allocation of cost differs. their home to the collection means (pipes) for the system. <br /> Connection fees depend on the distance from the home <br /> to collection pipes, the status of the home's plumbing, and <br /> $30,000 Principal other factors, but have typically ranged from $2,000 to <br /> $5,000. Barnstable County currently has a loan program <br /> 4M to help homeowners in need spread these costs out over a <br /> $6M <br /> longer period of time. <br /> Sewer Fees <br /> Once a home is hooked up to a sewer system, it must join <br /> all current users to pay for the annual operating costs of <br /> $20,000 Principal running the system (along with all users). Though rates <br /> may change, the following chart lists the current user <br /> $3.2M costs. <br /> $6.8Nt Current Water and Sewer Rates <br /> Meter Size' Water(Advance Sewer(Advance <br /> Min.Charge) Min.Charge) <br /> $10,000 Principal Accounts Billed Semi-Annually <br /> $1.4M 5/8" $44.93 $122.00 <br /> 3/4" $53.91 $146.00 <br /> V $85.36 $232.00 <br /> $8.6M Accounts Billed Quarterly <br /> Betterment 1.599 $75.25 $189.00 <br /> Taxes 211 $106.70 $268.00 <br /> Figure 4 3" $177.46 $445.00 <br /> 4" 1 $213.41 $537.00 <br /> Figure 6 <br />