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    Home»Utilities»Oviedo utility bills may rise to fund new $70M facility
    Utilities

    Oviedo utility bills may rise to fund new $70M facility

    July 29, 20243 Mins Read


    OVIEDO, Fla. – If you live in Oviedo, your water bill may go up soon.

    In Oviedo, the utility bill is actually three different fees: water, sewer, and stormwater – and raising each of those is their only option.

    “There’s nothing that has been mismanaged about them. It’s just, we need a new, different kind of water treatment facility because people are watering their grass too much,” said Oviedo Mayor Megan Sladek.

    Mayor Sladek says the new facility would cost around $70 million dollars. It would be paid through water and sewer fees.

    “The upper Floridian Aquifer, we’ve run out of capacity. If we get any additional usage, we’re gonna need to go to the lower Floridian aquifer and it has a difference quality of water,” Sladek said.

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    They’ll also need to $9 million from stormwater fees to enhance and maintain run-off, drainage and storm prevention.

    Sladek released two charts on Facebook showing taxpayers options to pay for the projects.

    “Either paying as you go which levels the rate based on repaying a $70 million loan over 30 years. The big triangle is what it would cost if we did not borrow the money,” Sladek said.

    Oviedo water fees may increase in the near future (Copyright 2024 by WKMG ClickOrlando – All rights reserved.)

    According to the water and sewer bill chart, the blue line shows that if taxpayers borrowed nothing for the water and sewer treatment facility.

    Over a 30 year span, taxpayers would see a slightly higher bill for two years and pay a more than $400 water bill for one year. After the period of high prices, the price would drop roughly $150 until the end of the payment period.

    The green line represents the option of borrowing money. The line shows initially the bill starts low, but it will continue grow at market value over the next 30 years.

    Oviedo water fees may increase in the near future (Copyright 2024 by WKMG ClickOrlando – All rights reserved.)

    This chart shows the stormwater bill 30 year span for the $9 million for stormwater improvements.

    If the city borrowed nothing, the blue line shows it would initially raise taxpayers bills by $13 or more. Afterwards, the price would raise gradually till the end of the 30 year span.

    The green line shows the growth of stormwater bill it they city borrowed $9 million for drainage, run-off and storm system improvements.

    The bill would start off low and increase overtime.

    “We’ll we wanna make sure that residence know that we considered borrowing and not borrowing,” Sladek said.

    They’re in the early stages of this right now, they’ll be discussing these options and asking for input from the public during the city’s meeting Monday at Oviedo City Hall at 5:30 p.m.

    Copyright 2024 by WKMG ClickOrlando – All rights reserved.



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