Water Conservation Reminder
Lakeway MUD Mandatory Stage 2 (First Level) TWO DAY Water Restrictions
Change in Residential Irrigation Days
Due to dangerously low lake levels, extreme drought conditions, and high water use, in accordance with the Lakeway Municipal Utility District Drought Contingency Plan.
Lakeway MUD is now in Stage 2 (first level) drought conditions effective immediately. You are only allowed to irrigate TWO DAYS a week.
Irrigate outdoors using an in-ground irrigation system or hose-end sprinkler no more than TWICE per week and only during scheduled days and times as indicated below:
- Odd number addresses: Wednesdays and Saturdays
- Even number addresses: Thursdays and Sundays
Commercial (including large landscapes such as HOA common areas)
- Tuesdays and Fridays
- Midnight to 10 a.m. and 7 p.m. to midnight
Note – this schedule is NOT the same as City of Austin’s.
Additional restrictions include:
- Irrigation for new/re-vegetated landscapes must apply for a variance
- Vehicle washing is prohibited except on mandatory times/days
- Filling/re-filling of pools is prohibited (maintaining water level is not prohibited)
- Operation of outside water features are prohibited (except to sustain aquatic life)
- Golf courses must develop a plan to meet a 10% reduction
- Restaurants are encouraged to serve water only if asked
- Washing of sidewalks, buildings, etc is prohibited
LMUD Financial Review
A message from the LMUD President
It’s that time of year again when we establish the budget for the new fiscal year, beginning October 1st. I thought this would be a good time to review our current financial situation and bring you up to date on our proposed budget.
First, let’s take a look at how we’re performing so far this fiscal year. On the revenue side, we had budgeted $4,749,600 for water/wastewater and $2,234,519 for miscellaneous revenue, which includes taxes, for a total of $6,984,119. Our revenue through July 31st is $4,181,747 for water/wastewater and $2,428,494 for miscellaneous revenue, including taxes, for a total of $6,610,241. This represents 91% of our budget, with two months remaining in our fiscal year. At this point, we feel confident we will come in at, or slightly above, our budgeted numbers. Our outstanding debt service at the beginning of our year was $26,770,935 and is projected to be $23,486,109 at the end of our fiscal year. It is important to note that our tax collections from property tax are used to pay wastewater bond indebtedness only. Ongoing operations, maintenance and water debt service are funded, primarily, from water and wastewater collections.
On the expense side, we budgeted $3,500,300 for the Administrative/Water/Wastewater departments and $3,468,626 for debt service, for a total expense budget of $6,968,926. As of July 31, 2012, we have spent $2,833,472 for the Administrative/Water/Wastewater departments and $3,284,826 for debt service, for a total of $6,118,298 which represents 88% of our budget. Based on the data to date, we expect to come in at, or slightly below, our budgeted expense numbers.
Before I begin discussing the FY 2013 budget, I think it is important to recognize our General Manager, Earl Foster, and his staff for the excellent job they are doing in creating a fair and reasonable budget and for managing the MUD efficiently so that we are able to meet our budget. This year’s budget represents a modest increase in expenses (less than 2%) but is one that will continue to provide the excellent services our customers expect while, at the same time, holds the line on customer costs (more on that later). We are budgeting $4,738,600 for water/wastewater revenue and $2,325,361 for miscellaneous revenue, including taxes, for a total of $7,063,961. On the expense side, we are budgeting $3,443,199 for Administrative/Water/Wastewater departments and $3,441,293 for debt service, for a total expense budget of $6,884,492.
So, how does this affect our rates? We expect our property tax rate to remain the same as 2012; $.2052 per $100 assessed evaluation. This rate includes slightly less than two cents for our ongoing Infiltration and Inflow maintenance program on our wastewater lines, with the remainder allocated to bonded indebtedness. We are projecting our base water rate to be $23.12, up from $22.95 for 2012 and our wastewater rate to be $17.15, down from $18.17 for 2012. These rates are preliminary and could change slightly as we continue through the budget process. Our tier water rates will remain the same as in 2012.
Overall, I am pleased with the budget and the concessions that were made during the process so that the impact on our customers would be minimal, if anything at all. LMUD has a great staff of employees who continuously strive to provide outstanding service to our customers at the most effective cost.
Lastly, I want to commend our customers for their patience and adherence to our “twice a week” water restrictions. As I drive around our wonderful community, I see fewer and fewer violations which is very encouraging. If we all do our part, that precious resource called water, will be around for a long time. As usual, those of us on the Board are here to serve you. If there is ever anything you need, please do not hesitate to contact any one of us.