FINANCIAL BUSINESS REQUEST (FBR)
Motion/Request:
title
MOTION to adopt a proposed Fiscal Year 2026/2027 Water Operations Budget in the amount $1,860,262.
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Background:
In accordance with Section 4 of Ordinance #400-001 “An Ordinance Establishing a Water Pollution Control Authority” which states: “The WPCA shall provide, by the fourth Monday in April, a budget of estimated revenues, expenditures and capital improvements for the ensuing fiscal year for inclusion as an appendix in the Town annual budget. The Town Council shall approve the water system budget”. (see attached Ordinance)
Water Operations Proposed Fiscal Year 2026/2027 Budget:
Water Operations: $1,860.262. an increase of $97,468.20 over the Fiscal Year 2025/2026 Budget.
Account Name Increase Decrease
ü GU Operating Agreement $ 9,455.00
ü GU Customer Service $ 3,159.15
ü Route 12 Water Purchased Used $50,000.00
ü Finance Department Services $ $7,000.00
ü General Obligation Bond Interest $ 832.00
ü CWF/DWSFR Loan Principle $34,355.00
ü Auditing Services $ $2,738
New Position:
ü Technical Administrator (New Position) $63,750
Department Comment/Recommendation:
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Finance Director Comment/Recommendation:
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Mayor Comment/Recommendation:
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