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Posted on: June 20, 2017

Santa Fe Irrigation District Board Adopts Fiscal Year 2018 Budget

The Santa Fe Irrigation District’s Board of Directors unanimously adopted its fiscal year 2018 budget following a public hearing at the regular board meeting on June 15.

For the upcoming year, expenditures are projected to be $30.1 million, a decrease of $5.7 million from fiscal year 2017. The budget total includes $9.9 million for water purchases, $1.3 million for existing debt service payments and $2.9 million for capital improvement projects. The District anticipates an 8% increase in water demands compared to last fiscal year, and that 36% of the water demands for the coming year will be met with local water from Lake Hodges.

“The District’s financial position is beginning a recovery after two years of dramatically reduced water sales, limited local water sources, and the consequences of five years of a statewide drought.” stated General Manager Michael Bardin.

Capital improvement projects included in the fiscal year 2018 budget are: Phase 3 of the District’s 5-year Automated Meter program, an Evaluation of a Potable Reuse Project, and Seismic Improvements at the R.E. Badger Treatment Plant.

Fiscal Year 2018 Budget

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