1. District Finances Are Stable, but Irrigation Operations Continue to Run at a Loss The 2025 annual audit received a clean, unmodified opinion—the highest level achievable. However, the district's irrigation operations continue to operate in the red, with roughly a $4 million annual operating loss that even investment interest income (~$2.9 million year-to-date) cannot fully offset. The board emphasized the need to close this gap through future rate adjustments and non-rate revenue sources, including a forthcoming master fee schedule update.
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