The voters of the unincorporated area known as Eldorado Springs approved an assessment on water connections within the district to fund the capital requirements of a wastewater treatment facility. The plant became operational in 2011. The assessments over the life of the collection are being used to pay back a state loan awarded to partially fund the construction costs associated with the facility.

The amount appropriated in 2023 represents the debt service and the operating expenditures associated with the waste-water treatment facility. The utility operational expenses in 2023 will be billed to the residents in the form of a quarterly fee.

This fund was formed in 2005 to address the need for a wastewater treatment plant in the unincorporated town site of Eldorado Springs, south of the City of Boulder. Revenue into the fund comes from assessments on properties collected by the Treasurer’s Office and billed fees for service. The planned expenditure budget in 2023 is $363,715 which will fund debt service on a construction loan from the State of Colorado. It will also fund the operation of the wastewater treatment system. This is a Proprietary fund, and it has no mill levy.