New Jersey Administrative Code
Title 7 - ENVIRONMENTAL PROTECTION
Chapter 11 - NEW JERSEY WATER SUPPLY AUTHORITY
Subchapter 2 - SCHEDULE OF RATES, CHARGES AND DEBT SERVICE ASSESSMENTS FOR THE SALE OF WATER FROM THE RARITAN BASIN SYSTEM
Section 7:11-2.5 - Capital Fund Component
Universal Citation: NJ Admin Code 7:11-2.5
Current through Register Vol. 56, No. 6, March 18, 2024
(a) The Capital Fund Component is to provide for current funding of major annual maintenance and repairs of the existing facilities at a total amount of $ 1,500,000 to $ 2,000,000 per year. The total annual amount funded by the Capital Fund Component may be adjusted periodically for inflation; however, all capital projects beyond this amount and any enhancements or additions to the System shall be financed through the issuance of long-term debt.
(b) The Capital Fund Component rate per million gallons listed at (c) below is based on estimated annual capital expenses to properly maintain, rehabilitate or replace the facilities.
(c) Capital Fund Assessment
| Period (State fiscal year unless otherwise indicated) | Allocation | Rate/Million Gallons |
| State fiscal year 2024 | Million Gallons per Day (MGD) | $33.00 |
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