OPERATIONS & MAINTENANCE TAX IMPACT
Greenwood Utility District is proposing an O&M Tax on the November 5, 2024 ballot. Our District features a blend of new and aging infrastructure, necessitating careful and consistent upkeep to ensure our facilities’ ongoing reliability and compliance.
The implementation of the O&M Tax aims to equitably distribute costs between residential and commercial property owners, thereby reducing the financial burden on individual homeowners. This approach ensures that all infrastructure remains in excellent condition while adhering to regulatory standards, ultimately benefiting the community.
KEY OPERATIONS & MAINTENANCE TAX STATS
Learn more about the positive impact this O&M Tax has on homeowners, renters, and landlords within Greenwood Utility District.
Potential Water Usage rate increase: 74% Residential 26% Commercial
With rising costs of goods and services, the District has limited options to properly maintain and operate its facilities at current water usage rates. To keep operations running smoothly and save homeowners money, the District’s Board of Directors is proposing a $0.05 property tax per $100 of property value, which would generate $250,000 in revenue. Without this O&M Tax, the only alternative is to increase water rates by about 23%, costing homeowners an additional $6.00 per year on average.
This O&M Tax helps shift more of the financial responsibility to commercial properties, which have higher property values. Without the O&M Tax, homeowners could end up covering an even larger share of the costs. Use the calculator below to see how this tax might impact your overall water bill and taxes.
OPERATIONS & MAINTENANCE TAX ESTIMATION CALCULATOR
Discover if your household will save money with the passing of the O&M Tax. A complete assessment can be sent via mail if selected.
This form is currently closed for submissions.
The O&M Tax Calculator is for informational purposes only and should not be relied on as a basis for determining the amount of taxes owed to the District.
YOUR VOTE MATTERS
Use the helpful links below to ensure you are prepared to vote on Election Day on November 5, 2024.
OUR FACILITIES
Learn more about the facilities Greenwood operates. Residents play a crucial role in the costs associated with proper maintenance and can help reduce expenses. Want to reduce your costs even more? Find out if an Operations & Maintenance Tax can save you money.
FAQs
Explore the answers to our most frequently asked questions. If you do not find what you are looking for, we invite you to attend one of our in-person events or contact us at board@greenwoodud.com.