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Press release from Mauriceville Municipal Utility District

Because of the visionary transformative leadership of our Board of Directors, Management, and all of our utility’s outstanding employees we announce the first rate decrease in our Utility District’s History. Water rates will decrease, by two percent, beginning May 1, 2022, for water used in May that will be billed in June of 2022.

Some of you are aware that we were able to recently pay off the last of our 2011 revenue binds by obtaining a $5,250,000 term loan from First State Bank of Texas. This 19 million dollar debt goes back, prior to the year 2000, when our Wastewater Treatment System was constructed. Because of this, even with substantial cost increases to maintain our wastewater treatment system, we have been able to continue the 2009 pricing for wastewater services.

We have always done our best to keep rates as low as possible, while still meeting all of our Utility District’s obligations.  Our last rate increase was in 2009. We do not tax the District property owners, as most utilities do. To pay the bills, we must take care of our customers. In November 2019, we returned $67,360 to our customers by issuing each customer a one-time $20 bill credit. By refinancing, we have reduced our monthly debt service from $140,300 to $128,500 a month. This has enabled us, at long last, to have a rate reduction.

This decrease is another piece of evidence that we work hard for the customers of our utility and whenever possible we will continue to look for ways to reduce rates in spite of ever-increasing material costs, new state operating mandates and licensing fees. We have gained about 100 customers a year and as we continue to grow, we will be able to share the costs amongst a wider group of people that should ensure that our rates continue to be carefully controlled. While all the other surrounding utilities have recently or will soon increase their rates, we are reducing ours. 

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