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What is the basis for the Connection Fees charged by the Township?

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What is the basis for the Connection Fees charged by the Township?

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In order to extend water and sewer service up until now, the township has incurred costs for these projects over a long period of time. These include costs for major trunk sewers, pumping stations, water mains, water treatment plant construction, and other capital costs for system improvements that are utilized by all customers. The debt service costs to fund these improvements have been incorporated in the Water and Sewer Utility Departments annual budget. Long-standing customers have paid these costs as part of their water and sewer bill over time. The connection fees are assessed to new customers seeking to connect to the system as a way for them to pay their fair share of these capital costs. The Township’s Auditor computes the connection fee amount based on a state-approved formula. The connection is subject to change based on a variety of factors including additional projects, debt service requirements, and other financing issues.Currently, the connection fee for the water system

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