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Beaufort Jasper Water & Sewer warns of rising costs, proposes bonds and rate increases to pay $590M CIP
Summary
At the Nov. 25 committee meeting, Beaufort Jasper Water & Sewer officials described $590 million in capital needs, recent construction cost escalation and a planned $100 million bond issuance; the authority said rates and capacity fees will rise to cover projects and bond debt.
Beaufort Jasper Water & Sewer officials told the county’s finance committee that the authority faces pressing capacity and rehabilitation needs and is planning a multi‑year bonding program to fund an estimated $590 million capital improvement program.
Charlie Stone, director of government affairs for the authority, said system demand is high — the Purrysburg water plant hit an all‑time summer peak near 35 million gallons daily against about 39 million gallons of capacity — and wastewater plants such as Cherry Point are operating near 90% capacity. The authority has 102…
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