02/26/2026
To residents of Main Street, Walnut Street, Thorn Street, and Jado Terrace:
By now you may have received a 1-page survey from SERCAP Inc in Frankford DE. They are acting on behalf of the Town of Magnolia and we would appreciate you responding to them. NOTE: None of the information you provide will be seen by Town officials, Town staff, or anyone else except for the staff of SERCAP. The Town will receive back only numbers and statistics.
Quick background: The Town is convinced that Federal and State agencies are using incorrect median household income (MHI) data when judging our eligibility for grant funding and forgiven-loan funding to use on upgrades to our water system (e.g. North Main Street water mains, a new water tower, etc.). Current figures that are being utilized would suggest that all of us live in $500,000 homes. Our position is that the incorrect data of Fed/State adds in all homes in the entire 19962 zip code, which of course skews our income average much higher due to the many surrounding high-dollar housing developments. This higher figure then subjects us to traditional long-term (20-year) loan rates, which our Town budget cannot absorb alone without imposing outrageous water rate increases on residents.
Our water tower will be 100 years old in 2028. We need your information. Without it, we cannot make our case that grants and forgiven loans are the most affordable funding source for us.
Please do not listen to the rumor mill. If you want correct answers, please contact Mayor James Frazier directly at [email protected] or 302-943-0934 (leave message), Vice Mayor Scott Fowler, or any other Town Council member as listed on our website – magnolia.delaware.gov. Thank you.
