Triview Metropolitan District

What Triview Metropolitan District does

Triview Metropolitan District is a quasi-municipal special district formed in 1985 under Colorado law, operating as a multi-service utility and municipal provider for approximately 7,500 residents across 2,587 acres in Monument, El Paso County. Its core products are water supply, wastewater collection and treatment, and stormwater management, augmented by road maintenance (135.2 lane miles), parks/open space stewardship (12 parks across the district), and a portfolio of water rights, storage, and transmission assets. Infrastructure includes 10 Denver Basin wells, two water treatment plants, 2.6 million gallons of storage tank capacity, 68 miles of water main, 47 miles of sanitary sewer main, and 16 stormwater detention ponds (expanding to ~20 at build-out). The centerpiece capital project is the Northern Delivery System, completed in August 2024 for $22M cash alongside $40M+ in bond-funded water rights and storage — enabling over 80% of future water needs to be served from renewable surface water rather than non-renewable groundwater.

Revenue is generated through monthly water/wastewater bills (tiered volume pricing, base rates, and metering charges), property tax mill levies (20.5 mills for debt service plus up to 6.5 mills for operations), sales-tax share-back from the Town of Monument, one-time tap/impact fees on new development, and general obligation and enterprise revenue bond issuances. Pricing is set by the publicly elected five-member Board of Directors; an A+ S&P credit rating on the Series 2026 Water and Wastewater Enterprise Revenue Bonds underpins capital-market access. The district manages the Northern Delivery System, Stonewall Springs Reservoir (19,538 acre-feet conditional storage), the Upper Monument Creek Wastewater Treatment Plant (majority-owned JV), and intergovernmental agreements with Colorado Springs Utilities and Forest Lakes Metropolitan District for the North Monument Creek Interceptor project.

The district is in a build-out phase, with residential capacity expected to reach ~3,032 single-family homes (~5 years) and commercial to ~100 businesses (~10 years) from current levels of 2,328 homes, 789 multi-family units, and 80 commercial customers. Recent capital projects include the $12.6M Higby Road widening (approved May 2025 by voter referendum) and the new 8,000-square-foot Utility Operations and Administration Building opened August 2026. Customer-facing technology includes Eye on Water real-time consumption monitoring, Paymentus online bill-pay, and AmCoBi billing services; the district operates under no parent company, with James C. McGrady serving as District General Manager.

Name

Triview Metropolitan District

Legal name

Triview Metropolitan District

Website

https://triviewmetro.com

Company type

Private

Founded year

1985

Operating status

Operating

Short description

Triview Metropolitan District is a Colorado quasi-municipal special district providing water, wastewater, stormwater, road maintenance, and parks/open space services to approximately 7,500 residents and 80 commercial customers across 2,587 acres in Monument, El Paso County.

Ownership category

akta.pro rank

Product category

Water and Wastewater Utility Services

NAICS

Water, Sewage and Other Systems (2213), Water Supply and Irrigation Systems (221310), Sewage Treatment Facilities (221320)

SIC

Water Supply (4941), Sanitary Services (4950), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Public Works & Municipal Infrastructure (Streets, Stormwater, Facilities) (BPAIACAF)

Keywords

• Water utility services
• Wastewater management
• Stormwater drainage
• Municipal road maintenance
• Parks and open space

Headquarters

HQ city

Monument

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Others

Revenue model

1. Utility Billing (Water and Wastewater): Monthly fees paid by district residents for water and wastewater services. Residential water includes base rate ($48), metering charge ($7), and volume rates per 1,000 gallons ($10.50-$34.50 depending on tier). Sewer base rate is $67 per month plus volume charges.
2. Property Tax (Debt Service Mill Levy): Property tax mill levy of 20.5 mills for debt service on historical bonds issued for infrastructure construction since the mid-1980s. Of this, 13.5 mills is for historical debt, 4.5 mills for Higby Road bonds, and 2.5 mills for operations and maintenance.
3. Property Tax (Operations and Maintenance): The district has authority to assess up to 6.5 mills for operations and maintenance of streets and park/open space facilities. In 2025, 6.5 mills allocated to operations, capital improvements including Higby Road.
4. Sales Tax Revenue Share: 1% sales tax share-back from Town of Monument for retail businesses along Baptist Road and Jackson Creek Parkway. Also 0.5% sales tax share-back for renewable water from the Town of Monument.
5. Developer Fees and Tap Fees: One-time fees paid by home builders at time of building permit including parks and open space fees, road and bridge fees, drainage fees, and tap/impact fees. Single family total tap fees approximately $47,958.
6. Bond Proceeds: Revenue from issuing general obligation bonds and water/wastewater enterprise revenue bonds to fund capital projects such as the $12.6 million Higby Road project and renewable water infrastructure.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Triview Metropolitan District is a quasi-municipal special district that delivers water, wastewater, and stormwater utility services to approximately 7,500 residents across 2,587 acres in Monument, Colorado. The district also maintains 135.2 lane miles of roads, 12 parks, and open spaces, while operating supporting infrastructure including the Northern Delivery System, Denver Basin wells, water treatment plants, and the Upper Monument Creek Wastewater Treatment Plant.

Product overview

Triview Metropolitan District operates as a quasi-municipal corporation providing essential public utility services including water, wastewater, stormwater, road maintenance, and parks/open space management. The district serves approximately 7,500 residents across 2,587 acres in Monument, CO. Core services include water supply and distribution (via Northern Delivery System and Denver Basin wells), wastewater collection and treatment, and stormwater management. The district maintains 68 miles of water pipelines, 47 miles of sewer pipelines, and 135.2 lane miles of roads. Key infrastructure projects include the Northern Delivery System (renewable water supply), Stonewall Springs Reservoir, and Higby Road Improvements. Customer-facing products include Eye on Water for real-time usage monitoring and Sanctuary Park for recreational facilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Water Supply Services
• Wastewater Collection and Treatment Services
• Stormwater Management Services
• Road Maintenance Services
• Parks and Open Space Management
• Sanctuary Park Reservations

Quantifiable outcome

• Over 80% of future water needs now met with renewable supplies
• +4 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core and major.

• Colorado Springs UtilitiescoreStrategic or Co-development Partner · 1 June 2026Colorado Springs Utilities partnership for the North Monument Creek Interceptor (NMCI) project providing wastewater service and construction cost-sharing. Resolution 2026-04 approved IGA for NMCI construction cost sharing and wastewater service agreement for long-term wastewater services.
• Creekside Developers Inc.majorStrategic or Co-development Partner · 1 May 2025Creekside Developers Inc. has provided $2.2 million and will provide additional funds as new development occurs along the south side of Higby Road, contributing to the $12.6 million Higby Road widening project approved by voters.
• Forest Lakes Metropolitan DistrictcoreStrategic or Co-development Partner · 1 January 2025Partnership with Forest Lakes Metropolitan District for North Monument Creek Interceptor (NMCI) project construction cost sharing. Resolution 2025-02 addresses IGA agreement with Colorado Springs Utilities and Forest Lakes Metropolitan District for NMCI cost sharing.
• Pueblo CountycoreStrategic or Co-development Partner · 1 January 2023Pueblo County approved 1041 permit for exchange of water rights between Stonewall Springs Reservoir and Pueblo Reservoir, storage, exchange operations on Fountain Creek, delivery through Northern Delivery System, and permission to construct Stonewall Springs Central Reservoir.
• United States Bureau of ReclamationcoreStrategic or Co-development Partner · 1 January 2021Contracting with US Bureau of Reclamation for long-term storage in Pueblo Reservoir (40-year lease approved in 2022 for 999 acre-feet). Includes Excess Storage Capacity and Conveyance Agreement for Pueblo Reservoir operations.
• Fountain Mutual Irrigation CompanycoreOthersTriview owns 1,057 shares in Fountain Mutual Irrigation Company, generating 740 acre-feet of water per year and entitling Triview to 1,000 acre-feet of storage in Big Johnson Reservoir.
• Excelsior Irrigating CompanycoreOthersTriview owns approximately 40.2% share of Excelsior Irrigating Company, representing approximately 720.8 acre-feet of water rights.
• Stonewall Springs Reservoir CompanycoreOthersTriview is the majority shareholder in Stonewall Springs Reservoir Company with 19,538 shares representing approximately 19,538 acre-feet of conditional storage capacity. Also owns 2,050 acre-feet of storage through Excelsior Ditch and 2,050 acre-feet of conditional water storage rights in the Stonewall Springs Reservoir Complex (1,630 acre-feet filled).
• Upper Monument Creek Wastewater Treatment PlantcoreOthersTriview is the majority partner in the Upper Monument Creek Wastewater Treatment Plant, providing wastewater treatment services for the district.
• American Conservation & Billing Solutions (AmCoBi)coreImplementation/ SI/ Consulting PartnerAmCoBi is the district's billing provider handling customer billing inquiries, payment processing, and account management. Contact: 1-877-410-0167 x2 or [email protected].
• Classic HomesmajorStrategic or Co-development PartnerCollaborative partner in creating Sanctuary Park, an eight-acre park including five-acre artificial turf field and covered pergola. Funded by parks and open space fees.

Scale indicators22 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Forest Lakes Metropolitan District: Neighboring Colorado special district also serving Monument-area residents with similar water, wastewater, and stormwater services. Partners directly with Triview on the North Monument Creek Interceptor cost sharing IGA.
• Donala Water & Sanitation District: Adjacent water and sanitation district serving the Tri-Lakes area near Monument, Colorado. Comparable special district model providing water, wastewater, and stormwater services to residential communities.
• Woodmoor Water and Sanitation District: Special district located within Monument, Colorado providing water and wastewater services. Direct geographic and operational peer serving similar northern El Paso County residential customer base.
• Stonegate Metropolitan District: Colorado special district managed by the same General Manager (James McGrady), providing comparable municipal infrastructure services to a planned community. Direct operational peer under shared leadership.
• Chatfield South Water District: Colorado special water district also managed by James McGrady, providing water services to residential community south of Denver. Operational peer with same governance and management structure.
• The South Sheridan Water and Sanitary Sewer District: Colorado special district also under McGrady management, providing water and sanitary sewer services. Comparable business model and customer base within the same operational ecosystem.
• Castle Pines North Metropolitan District: Colorado metropolitan district managed by the same General Manager, providing municipal services to a planned community in Douglas County. Comparable scale and service portfolio.

Broad incumbents

• Colorado Springs Utilities: Larger multi-utility provider that is a strategic partner to Triview via the North Monument Creek Interceptor IGA. Provides electric, gas, water, and wastewater services across the broader Pikes Peak region.
• Denver Water: Largest water utility in Colorado serving 1.5 million people across the Denver metro area. Broad incumbent with overlapping water supply expertise and renewable water infrastructure similar to Triview's NDS.

Regional players

• Town of Monument: Adjacent municipality that shares sales tax with Triview and represents the broader governmental context within which Triview operates. Not a direct utility competitor but a regional governing partner.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/TriviewMetro
• Facebookfacebook.com/TriviewMetro

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Triview Metropolitan District