The Next Board Meeting: August 19th, 2019 @ 3:00 pm
Three Lakes Water & Sanitation District Admin Building ~ 1111 CR 48, Golf Course Road, Grand Lake, CO
All public is welcome to attend.
Three Lakes Water & Sanitation District Admin Building ~ 1111 CR 48, Golf Course Road, Grand Lake, CO
All public is welcome to attend.
Online bill pay is now available!
Click on the Billing tab for more information.
Click on the Billing tab for more information.
**IMPORTANT INFORMATION REGARDING
USER FEES AND DELINQUENT FEES **
The Board of Directors adopted a User Fee rate increase effective January 1, 2019. This User Fee increase includes the inflation factor of 3.386% per the Denver-Aurora-Lakewood CPI to be applied to both the flat rate and the fixture rate. Additionally, after the inflation rate has been applied, an $8.94 increase shall be applied to the flat rate, and an additional $0.69 shall be applied per fixture, the flat rate increasing to $273.26 and the per fixture rate being increased to $21.18.
With regard to the delinquent fee presently charged by the district, the current $25.00 flat rate delinquent fee is minimal and is not discouraging late payment penalties. Colorado State Statute allows up to 5% a month late fee on the principal up to a maximum of 25% of the initial billed amount. Applying the maximum allowable amount of 5% per month will reduce the initial late fee cost for those less than 30 days late, but will increase the late fees on accounts delinquent more than 30 days. At the November board meeting, the Board of Directors, by unanimous vote, changed the method of delinquent fee assessment to A late fee of 5% of the assessment shall be charged on the unpaid balance, non-compoundable for five consecutive months, or part thereof, to any account whose assessment is not paid in full by March 31, or until paid in full, whichever is the earlier.
USER FEES AND DELINQUENT FEES **
The Board of Directors adopted a User Fee rate increase effective January 1, 2019. This User Fee increase includes the inflation factor of 3.386% per the Denver-Aurora-Lakewood CPI to be applied to both the flat rate and the fixture rate. Additionally, after the inflation rate has been applied, an $8.94 increase shall be applied to the flat rate, and an additional $0.69 shall be applied per fixture, the flat rate increasing to $273.26 and the per fixture rate being increased to $21.18.
With regard to the delinquent fee presently charged by the district, the current $25.00 flat rate delinquent fee is minimal and is not discouraging late payment penalties. Colorado State Statute allows up to 5% a month late fee on the principal up to a maximum of 25% of the initial billed amount. Applying the maximum allowable amount of 5% per month will reduce the initial late fee cost for those less than 30 days late, but will increase the late fees on accounts delinquent more than 30 days. At the November board meeting, the Board of Directors, by unanimous vote, changed the method of delinquent fee assessment to A late fee of 5% of the assessment shall be charged on the unpaid balance, non-compoundable for five consecutive months, or part thereof, to any account whose assessment is not paid in full by March 31, or until paid in full, whichever is the earlier.
Please note that the Emergency Fund Pool has been reinstated. A $50 fee has been applied to your bill for 2019.
Other Links
Three Lakes Water & Sanitation District
Columbine Lake Country Club Website
