skip to main content

Wastewater Treatment

King County, Washington

For questions about the Wastewater Treatment Division website, please send an e-mail message or contact us at:

King Street Center
201 S. Jackson St., Suite 500
Seattle, WA 98104-3855
Phone: 206-477-5371
Fax: 206-684-1741
Telecommunication device for the deaf (TTY): 711

Get Directions to our office location in Seattle, Washington.

Staff Contacts

Investing in clean water - where does your money go?

Family on Beach

Fish Ladder

Wastewater infrastructure is crucial for protecting water quality and economic vitality, and supporting jobs and growth while maintaining our region’s natural assets like beaches, lakes and rivers.

King County's wastewater utility is entirely funded by the ratepayers who invest in our programs and services through their monthly rate and capacity charge bills. We take seriously our obligation to provide the highest levels of service and accountability to our ratepayers.

Bond ratings

Standard & Poor's and Moody’s Investor Services are leading global financial firms that rate corporate stocks and municipal bonds according to risk profiles. In 2012 the firms confirmed the ratings of the Wastewater Treatment Division’s bonds, citing:

  • Strong management practices
  • Continued positive financial performance
  • Solid rate base and large service area
  • Commitment to a capital improvement plan

The Moody's rating for the sewer revenue bonds remained at Aa2 while the Standard and Poor’s rating was maintained at AA . These continued favorable credit ratings lower the cost of borrowing by reducing the amount of debt service, which, in turn, reduces impacts to the rate.

Financial statements

The wastewater utility undergoes an annual audit to insure that its annual financial results are fairly stated and that all covenants with the utility’s bondholders have been met. The audited financial results are here.

Back to top of page.

Revenues

King County’s adopted wastewater budget for 2013 includes about $337.1 million in revenue from the monthly sewer rate and about $46.3 million in revenue from the capacity charge. The 2013 budget also includes about $1.1 million from investments and about $9.5 million from other income such as fees for industrial waste, sewage removed from septic tanks and rate stabilization funds.

King County also borrows bonds to fund the cost of construction projects under its capital improvement program.

2013 Forecasted Operating Revenues

Expenditures

Of the total revenue (about $416 million), the Wastewater Treatment Division is budgeted to spend about $121.5 million to operate and maintain its facilities and about $294.5 million for planning, designing and building facilities.

In 2013, the $416 million in operating revenue is allocated as follows:

Treatment $253.9 million 61%
Conveyance $86.6 million 21%
Combined Sewer Overflow (CSO) Control $29.5 million 7%
Biosolids $14.6 million 3%
Other $31.4 million 8%

Use of 2013 Revenues

Back to top of page.

  2013  2014
County's wholesale monthly sewer rate $39.79  $39.79
Monthly capacity charge $53.50 $55.35 

2012 WTD Ratepayer Report
Ratepayer Report
, April 2012

News releases

Related information

How the WTD Capital Improvement Program (CIP) is funded

The WTD CIP is funded primarily through proceeds from revenue bond sales, short-term borrowing, capacity charge revenues, and transfers from the operating fund.

The operating fund derives the majority of its revenue from monthly charges to sewer customers that are collected by WTD's component agencies.

Transfers from the operating fund to the capital program are the result of the financial policy requirement of maintaining a debt service coverage ratio greater than one (a minimum of no less than 1.15 of all debt service payments). This means the monthly sewer rate is set such that operating revenues will exceed debt service and operating expenses by an amount equal to at least 15 percent of the total debt service expense. This buffer reduces risk to bond holders and at the end of the year provides WTD with funds to reduce the amount of borrowing necessary to finance the capital program.