In order for SASD to maintain quality, reliable service for you – our customer – we not only have to remain financially stable but also provide sufficient funding to operate the system and maintain reasonable sewer rates and fees. We accomplish this goal by incorporating long-term financial planning into all of our activities. Cost projections for new projects and multi-year projections of regular operating expenses are used to develop our five-year forecast of rates and fees. These projections are reviewed annually to ensure they meet SASD’s operating and capital needs.

SASD has been recognized for its financial prudence by its AA bond rating (the second highest rating obtainable) from the three rating agencies. This is a direct benefit to our customers since a higher bond rating means SASD pays a lower interest rate when borrowing money. Ratepayers also benefit from SASD’s financial strength since we have the funds to maintain the system in good working order and keep deferred maintenance to a minimum.

Read our annual financial reports for more information on how we’re performing for you!