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*Lease factor is billed much like Occupancy except it takes into account that 2 occupants do not typically use the same amount of water as 2 separate people occupying different units.
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This is due in part that they share the same laundry and other water related tasks. VES adds up all of the lease factors and creates the rate (Eligible Provider Cost divided by the Total Lease Factor (Monthly Occupancy Count for all units) = Rate
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That rate is then billed back to the residents by their "lease factor" - Below are the standard lease factors.
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Occupant CountLease FactorOriginal Water RateOriginal Sewer RateWater Rate X Lease Factor = ChargesSewer Rate X Leasse Factor = Charges
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1 Occupant1$47.075906$28.536911$47.08$28.54
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2 Occupants1.6$47.075906$28.536911$75.32$45.66
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3 Occupants1.9$47.075906$28.536911$89.44$54.22
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4 Occupants2.2$47.075906$28.536911$103.57$62.78
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5 Occupants2.5$47.075906$28.536911$117.69$71.34
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Billing Period
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10/1/2025 - 11/1/202525-Dec
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Resident Original ChargesProperty Billing Summary
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ChargeRateOccupant CountAllocation FactorAmountChargeEligible CostCommon Area CostBaseAmount Billed
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Water Lease Factor - Straight47.07590582.001.60$75.32Water$392,738.59$98,184.65$0.00$294,553.94
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Sewer Lease Factor - Straight28.53691152.001.60$45.66Sewer$238,073.94$59,518.49$0.00$178,555.46
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Total$120.98
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December 2025 Rate CalculationsTotal Allocation Factor
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ChargeTotal $Rate25% CADFactorWater/Sewer Lease Factor6,257
*THIS IS THE OCCUPANT COUNT EACH MONTH
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Water Square Footage - Leasable$294,553.94$47.075906$98,184.656,257
FOR THE WHOLE PROPERTY THAT GENERATES THE "RATE"
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SewerSquare Footage - Leasable$178,555.46$28.536911$59,518.496,257
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Resident PPA ChargesProperty Billing Summary
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ChargeRateOccupant CountAllocation FactorAmountChargeEligible CostCommon Area CostBaseAmount Billed
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Water Lease Factor - Straight35.72330432.001.60$57.16Water$298,027.62$74,506.91$0.00$223,520.72
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Sewer Lease Factor - Straight21.86677562.001.60$34.99PPA AdjustmentSewer$182,427.22$45,606.81$0.00$136,820.42
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Total$92.14-$28.84
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December 2025 PPA Rate CalculationsTotal Allocation Factor
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ChargeTotal $Rate25% CADFactorWater/Sewer Lease Factor6,257
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Water Square Footage - Leasable$223,520.72$35.723304$74,506.916,257
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SewerSquare Footage - Leasable$136,820.42$21.866776$45,606.816,257
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