Water service is complex in a mountain environment. Our water supply is the Martis Valley in the southeast portion of our service territory. Our customer base is spread over forty-four square miles and covers an elevation change from 5,800 feet to 7,350 feet. We have 11 wells, 200 miles of pipeline, 36 storage tanks and 26 pump stations. This complex system is expensive to operate, maintain, repair and replace. Costs of energy, materials and labor are increasing. Looking into the future, we can predict that water rates will increase gradually in the coming years. We need to manage projects and cash very carefully and keep our customers informed.