The Lead Service Line Inventory (LSLI) work is required by the EPA and must be completed regardless of how it is funded. The total cost of Phases 1 and 2 is $1,809,961.
Through the Drinking Water State Revolving Fund, $1,357,470 (75%) will be forgiven, leaving $452,490 (25%) to be financed. The August 18 referendum seeks an appropriation of $1,565,000 for the proposed Phase 2 work and contingency.
This project does not affect local property taxes. Winsted Water Works is funded through water rates, so the financial impact is limited to water ratepayers. However, all eligible residents can vote in the referendum, regardless of whether they are Winsted Water Works customers.
Learn more about the LSLI project, referendum, and funding by watching the recent special meeting on the Town’s YouTube page:
https://www.youtube.com/watch?v=S8FMr5xKPLgREFERENDUM QUESTION:“SHALL THE TOWN OF WINCHESTER APPROPRIATE $1,565,000 FOR COSTS RELATED TO THE SERVICE LINE INVENTORY PROJECT PHASE 2; AND AUTHORIZE THE ISSUE OF BONDS AND NOTES IN THE SAME AMOUNT TO FINANCE THE PORTION OF THE APPROPRIATION NOT DEFRAYED FROM GRANTS?”
