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

Facebook Twitter Google Plus Email

Other News in Home

District No Longer in Drought Conditions

Posted on: November 22, 2016

Keep in Touch

Posted on: November 22, 2016

Stay connected!

Posted on: November 22, 2016