Profile of Little Pond Sewer Service Area

• Approximately 1450 parcels

• Approximately 1274 single family homes

• 66% (841) second homes/rental

• 34% (433) owner-occupied principal residences

Annualized Septic Costs vs. Sewer Costs for Little Pond Homeowners

Summary of Estimated Costs

Annualized Avoided Costs

Annualized Sewer Costs

Pump out: every 3 years @$300

$100 0

New leach field: every 20 years @ 5% ($10,000)

$800 0

One-time hook up: 20yrs @5% ($2500 to $4000)

0 $200 - $325

Electricity for grinder pumps

0 $25

Sewer usage charge/year 0 $300

TOTAL COST:(WITHOUT BETTERMENT)

$900 $525 - $650

Calculating Betterment Scenarios: Three Key Components

1. $41,000,000: capital cost of construction

2. 1600 Sewer Equivalent Units (SEUs based on 1984 Policy)

3. Percentage of capital cost paid by property owners - to be determined by Town Meeting with Board of Selectmen recommendation

$41 million ÷ 1600 SEUs = $25,625 per SEU

Betterment Options for Selectmen

Percent of Total

Project Cost

Total Owedper SEU

Annual Cost if Paid over

30 years

Annual Cost if Paid over

20 years

Total Dollars Reimbursed

to Town

0% 0 0 0 0

25% $ 6,406 $214 $320 $10.2M

50% $12,812 $427 $640 $20.5M

70% $17,938 $598 $897 $28.7M

100% $25,625 $854 $1281 $41.0M