Top 3 Key Takeaways

2026 Budget Adopted with Projected Revenue Challenges
The Board adopted the $17 million operating budget for 2026, which includes a 7% rate increase previously approved in October. The district faces a projected $17 million loss from operations before non-operating revenue, largely due to lower anticipated Tri-Dam revenue ($4.4 million compared to $9.8 million this year). The budget includes $20.5 million in capital projects focused on water resource plan implementation, including the Paul Sell lateral completion and Joint Canyon Tunnel project.