Allocated Reserves. Critical Investment. Regulatory Compliance.
The District’s rate model anticipates a planned use of reserves over the next several years, which will result in lower reserve balances as funds are applied to critical projects. Over the years, the District has borrowed millions of dollars to comply with state orders and state and federal regulations. Because both the water and sewer systems were found to be in violation of regulatory standards, the District was required to invest in aging and failing infrastructure. #CommittedToExcellence #HPUDBillAtWork ...

Since 2004, Hallsdale-Powell has worked with financial consultants to evaluate and plan for the financial needs associated with capital improvements required by state orders and regulatory requirements. The District maintains a strong Standard & Poor’s credit rating, which allows it to secure more favorable interest rates on borrowed funds. The District also currently holds a solid cash position, a factor S&P views positively as an indicator of overall financial strength. #CommittedToExcellence #HPUDBillAtWork ...

At Hallsdale-Powell, we believe that Strong Credit and Smart Planning are the foundations of a Secure Future. Our financial model is designed to do two things simultaneously: responsibly manage debt while funding necessary improvements through incoming revenues. Over the next few posts, we’ll share how we aren`t just fixing pipes; we are securing the reliability of your service for decades to come. ...

Recognized Progress. Continued Commitment.
Because of the progress made, TDEC has released the Utility from its State Order and continues to monitor our system as we work toward further improvements. Your support helps protect local waterways like Beaver Creek and ensures a stronger, more reliable utility system for today and for future generations. #HPUDBillATWork #CommittedToExcellence ...