WHAT DOES THEMULTIPLIER COVER?

• The multiplier is used to cover three main types of expenditures:

• • The costs of billing and collection services
  • The regular maintenance of the sewer lines and equipment by Township Public Works Department.
  • The contracted corrective action program, which includes engineering fees for monitoring and an outside firm for construction and replacement of sewer lines.

• In prior years, the multiplier was also used to establish a reserve balance for emergency situations. The range of the reserve was set at $500,000 to $600,000.

• The reserve balance was reached in 1995.

• A break even policy was instituted in 1996 to have multiplier just cover current expenditures.

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