The board reviewed a $35.6 million capital budget for transmission and distribution infrastructure improvements, representing a $7.4 million increase driven by growth in several service areas and critical equipment needs. Staff reported continued material cost inflation of 20-40% annually with supply chain challenges creating 3-5 year lead times for major equipment. The district is also moving forward with regulating reservoir projects that could save up to 30,000 acre-feet of water annually once completed.
