The Board unanimously adopted the Fiscal Year 2026-27 operating and capital improvement budget. Total water fund sources are approximately $26.6 million and wastewater sources total $12.3 million. Notably, staff removed all unsecured state grant revenue and reduced federal grant assumptions from $975,000 down to $180,000, opting to recognize grant funds only when received. The district's debt service coverage ratios remain above minimum thresholds but are tighter than preliminary projections, and reserve rebuilding remains a challenge — a reserve policy review is expected next month.
Already have an account? Sign In
