Capital Cost Recovery Connection Charge
Like a benefit assessment, the Capital Cost Recovery Connection Charge is a way for properties to participate in the infrastructure cost and share the cost burden with those that paid for the existing sewer pumps, pipes, and manholes. These funds are used for unrestricted capital expenditures.
The charge is 2% of the Grand List Value of new construction or 2% of an incremental improvement of an existing property.
In accordance with the Authority’s customary practice applicable to supplemental Benefit Assessments, such Connection Charge shall be reduced to reflect any Benefit Assessment or Connection Charge previously levied and paid with respect to such property in accordance with the following procedure:
1) Split out and determine the land value and the building and improvement value from the Grand List assessment applicable to the original Benefit Assessment and any subsequent supplemental Benefit Assessments.
2) Split out and determine the land value and the building value from the current Grand List Assessment.
3) Remove the land from the current Grand List Assessment valuation.
4) Subtract the original building valuation for assessment purposes from the current building valuation. Items such as parking lots, light poles/fixtures, site drainage, unoccupied storage buildings should be excluded, but attached appurtenances to occupied buildings should be included. Assessment penalties should be excluded.
5) Assess the Connection Charge at 2% of the resulting amount.
6) In the case of a new building being added to the property, the Connection Charge is applied to the value of the new building only, since the property owner has already paid a Benefit Assessment for the land and the existing building(s). The charge is billed at the issuance of the Certificate of Occupancy once the GL is established.
Property owners have an option to defer payment of the Capital Cost Recovery Connection Charge per WPCA Rules & Regulations Section 7.3.2.