Special Meeting Tonight Regarding The Sewer Sale
Tonight at 6PM your Gloucester Township Council will vote to place the sewer sale on the November election ballot. The Agenda for tonight’s meeting can be viewed HERE
Gloucester Township Municipal Building
1261 Chews Landing-Clementon Rd.,
Laurel Springs, New Jersey 08021
856-228-4000
If you are unfamiliar with this sale, we sat down with a Certified Waste Water Engineer to discuss the sale and what it could potentially mean for Gloucester Township. That video is below under the live video feed for tonight’s meeting.
The patch wrote an article on it yesterday as well. That article is HERE
Back-of-the-envelope calculation of your future GT sewer bill from NJ American Water:
$143,000,000 NJAM acquisition cost
$90,000,000 NJAM additional system costs
$90,000,000 NJAM additional system costs
divided by
25,000 GT sewer ratepayers
divided by
120 months (assumes NJAW recoups over 10 years)
equals
$78 per month on sewer bill just to recoup investment cost
plus
$20 per month on sewer bill for regular operating costs
plus
$20 per month (est) profit for the corporation and for shareholders
equals
$118 PER MONTH FOR YOUR NJAW MONTHLY GT SEWER BILL
