New Jersey Administrative Code
Title 7 - ENVIRONMENTAL PROTECTION
Chapter 11 - NEW JERSEY WATER SUPPLY AUTHORITY
Subchapter 4 - SCHEDULE OF RATES, CHARGES AND DEBT SERVICE ASSESSMENTS FOR THE SALE OF WATER FROM THE MANASQUAN RESERVOIR WATER SUPPLY SYSTEM
Section 7:11-4.5 - Capital Fund Component

(a) The Capital Fund Component is to provide, for current funding of major refurbishment, replacement, maintenance, and repair of the existing facilities at a total amount of $ 3,000,000 to $ 3,500,000 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 issuance of long-term debt.

(b) The Capital Fund Component Rate per million gallons listed at (c) below based on a sales base of 15.008 million gallons per day applies to initial water purchase contracts and is based on estimated annual capital expenses to properly maintain, rehabilitate, or replace the facilities.

(c) Capital Fund Assessment--initial water purchase contract customers:

(d) The Capital Fund Component Rate per million gallons listed at (e) below based on a sales base of 4.435 million gallons per day applies to the delayed water purchase contracts commencing July 1, 2001, October 1, 2002, and January 1, 2005, in lieu of the Capital Fund Component rate set forth at (c) above.

(e) Capital Fund Assessment--delayed water purchase contract customers: