The Board received the FY 2025-2026 mid-year financial report from Director of Administrative Services Mary Laska. Total revenue stands at $22.3 million (45% of adopted budget) with total expenses at $18.6 million, yielding $3.7 million in net revenue for the first half of the fiscal year. Operating revenues are 53% collected—26% higher than the prior year. The Board approved budget amendments including a $200,000 increase in developer revenue/expense, a $145,250 increase for engineering consulting, and a $10,000 increase for the First Avenue 30-inch sewer main project. District reserves total $51.9 million as of December, an 11% increase over 2024, with interest income reaching $2 million.
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