HomeMy WebLinkAboutAgenda Packet - EVWD Board of Directors - 02/25/2026BOARD OF DIRECTORS
FEBRUARY 25, 2026
East Valley Water District was formed in 1954 and provides water and wastewater services to
108,000 residents within the cities of San Bernardino and Highland, and portions of San
Bernardino County.
EVWD operates under the direction of a 5member elected Board.
GOVERNING BOARD EXECUTIVE MANAGEMENT
Ronald L. Coats
Chairman of the Board
Brian W. Tompkins
Chief Financial Officer
Chris Carrillo
ViceChairman
Jeff Noelte
Director of Engineering & Operations
David E. Smith
Governing Board Member
Kerrie Bryan
Director of Administrative Services
Phillip R. Goodrich
Governing Board Member
Patrick Milroy
Operations Manager
James Morales, Jr.
Governing Board Member
Manuel Moreno
Water Reclamation Manager
William Ringland
Public Affairs/Conservation Manager
Michael Moore
General Manager/CEO
Ryan Ritualo
Information Technology Manager
Justine Hendricksen
District Clerk
Board of Directors Regular Meeting
February 25, 2026 5:00 PM
31111 Greenspot Road, Highland, CA 92346
www.eastvalleywater.gov
PLEASE NOTE:
Materials related to an item on this agenda submitted to the Board after distribution of the
agenda packet are available for public inspection in the District’s office located at 31111
Greenspot Rd., Highland, during normal business hours. Also, such documents are available
on the District’s website at eastvalley.org and are subject to staff’s ability to post the
documents before the meeting.
Pursuant to Government Code Section 54954.2(a), any request for a disabilityrelated
modification or accommodation, including auxiliary aids or services, that is sought in order
to participate in the above agendized public meeting should be directed to the District Clerk
at (909) 8854900 at least 72 hours prior to said meeting.
In order to comply with legal requirements for posting of agenda, only those items filed
with the District Clerk by 12:00 p.m. on Wednesday prior to the following Wednesday
meeting not requiring departmental investigation, will be considered by the Board of
Directors.
CALL TO ORDER
PLEDGE OF ALLEGIANCE
ROLL CALL OF BOARD MEMBERS
PUBLIC COMMENTS
Any person wishing to speak to the Board of Directors is asked to complete a Speaker
Card and submit it to the District Clerk prior to the start of the meeting. Each speaker is
limited to three (3) minutes, unless waived by the Chairman of the Board. Under the State
of California Brown Act, the Board of Directors is prohibited from discussing or taking
action on any item not listed on the posted agenda. The matter will automatically be
referred to staff for an appropriate response or action and may appear on the agenda at a
future meeting.
1.AGENDA
This agenda contains a brief general description of each item to be considered.
Except as otherwise provided by law, no action shall be taken on any item not
appearing on the following agenda unless the Board of Directors makes a
determination that an emergency exists or that a need to take immediate action on
the item came to the attention of the District subsequent to the posting of the
agenda.
a.Approval of Agenda
2.APPROVAL OF CONSENT CALENDAR
All matters listed under the Consent Calendar are considered by the Board of
Directors to be routine and will be enacted in one motion. There will be no
discussion of these items prior to the time the board considers the motion unless
members of the board, the administrative staff, or the public request specific items
to be discussed and/or removed from the Consent Calendar.
a.Adopt Resolution 2026.01 Accepting Dedication of Water System
Improvements for 1863 East 5th Street
b.Accept and File Investment Transaction Report for Month Ended January 31,
2026
c.Accept and File Financial Statements for December 2025
3.INFORMATIONAL ITEMS
a.Supervisory Control and Data Acquisition (SCADA) Resiliency Update
4.DISCUSSION AND POSSIBLE ACTION ITEMS
a.Consider Approval of Construction Contract Amendment with NorCal Pump &
Well Drilling, Inc. for Additional Drilling Construction for Well No. 129
b.Consider Approval of Fiscal Year 202526 MidYear Budget Revisions
c.Consider Approval of a OneTime Additional Discretionary Payment of $4.5
Million to Reduce the District's Unfunded Accrued Liability
5.REPORTS
a.Board of Directors’ Reports
b.General Manager/CEO Report
Water Supply Update
c.Legal Counsel Report
d.Board of Directors’ Comments
ADJOURN
BOARD OF DIRECTORSFEBRUARY 25, 2026East Valley Water District was formed in 1954 and provides water and wastewater services to108,000 residents within the cities of San Bernardino and Highland, and portions of SanBernardino County.EVWD operates under the direction of a 5member elected Board.GOVERNING BOARD EXECUTIVE MANAGEMENTRonald L. CoatsChairman of the Board Brian W. TompkinsChief Financial OfficerChris CarrilloViceChairman Jeff NoelteDirector of Engineering & OperationsDavid E. SmithGoverning Board Member Kerrie BryanDirector of Administrative ServicesPhillip R. GoodrichGoverning Board Member Patrick Milroy Operations ManagerJames Morales, Jr.Governing Board Member Manuel MorenoWater Reclamation ManagerWilliam RinglandPublic Affairs/Conservation ManagerMichael Moore
General Manager/CEO
Ryan Ritualo
Information Technology Manager
Justine Hendricksen
District Clerk
Board of Directors Regular Meeting
February 25, 2026 5:00 PM
31111 Greenspot Road, Highland, CA 92346
www.eastvalleywater.gov
PLEASE NOTE:
Materials related to an item on this agenda submitted to the Board after distribution of the
agenda packet are available for public inspection in the District’s office located at 31111
Greenspot Rd., Highland, during normal business hours. Also, such documents are available
on the District’s website at eastvalley.org and are subject to staff’s ability to post the
documents before the meeting.
Pursuant to Government Code Section 54954.2(a), any request for a disabilityrelated
modification or accommodation, including auxiliary aids or services, that is sought in order
to participate in the above agendized public meeting should be directed to the District Clerk
at (909) 8854900 at least 72 hours prior to said meeting.
In order to comply with legal requirements for posting of agenda, only those items filed
with the District Clerk by 12:00 p.m. on Wednesday prior to the following Wednesday
meeting not requiring departmental investigation, will be considered by the Board of
Directors.
CALL TO ORDER
PLEDGE OF ALLEGIANCE
ROLL CALL OF BOARD MEMBERS
PUBLIC COMMENTS
Any person wishing to speak to the Board of Directors is asked to complete a Speaker
Card and submit it to the District Clerk prior to the start of the meeting. Each speaker is
limited to three (3) minutes, unless waived by the Chairman of the Board. Under the State
of California Brown Act, the Board of Directors is prohibited from discussing or taking
action on any item not listed on the posted agenda. The matter will automatically be
referred to staff for an appropriate response or action and may appear on the agenda at a
future meeting.
1.AGENDA
This agenda contains a brief general description of each item to be considered.
Except as otherwise provided by law, no action shall be taken on any item not
appearing on the following agenda unless the Board of Directors makes a
determination that an emergency exists or that a need to take immediate action on
the item came to the attention of the District subsequent to the posting of the
agenda.
a.Approval of Agenda
2.APPROVAL OF CONSENT CALENDAR
All matters listed under the Consent Calendar are considered by the Board of
Directors to be routine and will be enacted in one motion. There will be no
discussion of these items prior to the time the board considers the motion unless
members of the board, the administrative staff, or the public request specific items
to be discussed and/or removed from the Consent Calendar.
a.Adopt Resolution 2026.01 Accepting Dedication of Water System
Improvements for 1863 East 5th Street
b.Accept and File Investment Transaction Report for Month Ended January 31,
2026
c.Accept and File Financial Statements for December 2025
3.INFORMATIONAL ITEMS
a.Supervisory Control and Data Acquisition (SCADA) Resiliency Update
4.DISCUSSION AND POSSIBLE ACTION ITEMS
a.Consider Approval of Construction Contract Amendment with NorCal Pump &
Well Drilling, Inc. for Additional Drilling Construction for Well No. 129
b.Consider Approval of Fiscal Year 202526 MidYear Budget Revisions
c.Consider Approval of a OneTime Additional Discretionary Payment of $4.5
Million to Reduce the District's Unfunded Accrued Liability
5.REPORTS
a.Board of Directors’ Reports
b.General Manager/CEO Report
Water Supply Update
c.Legal Counsel Report
d.Board of Directors’ Comments
ADJOURN
BOARD OF DIRECTORSFEBRUARY 25, 2026East Valley Water District was formed in 1954 and provides water and wastewater services to108,000 residents within the cities of San Bernardino and Highland, and portions of SanBernardino County.EVWD operates under the direction of a 5member elected Board.GOVERNING BOARD EXECUTIVE MANAGEMENTRonald L. CoatsChairman of the Board Brian W. TompkinsChief Financial OfficerChris CarrilloViceChairman Jeff NoelteDirector of Engineering & OperationsDavid E. SmithGoverning Board Member Kerrie BryanDirector of Administrative ServicesPhillip R. GoodrichGoverning Board Member Patrick Milroy Operations ManagerJames Morales, Jr.Governing Board Member Manuel MorenoWater Reclamation ManagerWilliam RinglandPublic Affairs/Conservation ManagerMichael MooreGeneral Manager/CEO Ryan RitualoInformation Technology ManagerJustine HendricksenDistrict ClerkBoard of Directors Regular MeetingFebruary 25, 2026 5:00 PM31111 Greenspot Road, Highland, CA 92346www.eastvalleywater.govPLEASE NOTE:Materials related to an item on this agenda submitted to the Board after distribution of theagenda packet are available for public inspection in the District’s office located at 31111Greenspot Rd., Highland, during normal business hours. Also, such documents are availableon the District’s website at eastvalley.org and are subject to staff’s ability to post thedocuments before the meeting.Pursuant to Government Code Section 54954.2(a), any request for a disabilityrelatedmodification or accommodation, including auxiliary aids or services, that is sought in orderto participate in the above agendized public meeting should be directed to the District Clerkat (909) 8854900 at least 72 hours prior to said meeting.
In order to comply with legal requirements for posting of agenda, only those items filed
with the District Clerk by 12:00 p.m. on Wednesday prior to the following Wednesday
meeting not requiring departmental investigation, will be considered by the Board of
Directors.
CALL TO ORDER
PLEDGE OF ALLEGIANCE
ROLL CALL OF BOARD MEMBERS
PUBLIC COMMENTS
Any person wishing to speak to the Board of Directors is asked to complete a Speaker
Card and submit it to the District Clerk prior to the start of the meeting. Each speaker is
limited to three (3) minutes, unless waived by the Chairman of the Board. Under the State
of California Brown Act, the Board of Directors is prohibited from discussing or taking
action on any item not listed on the posted agenda. The matter will automatically be
referred to staff for an appropriate response or action and may appear on the agenda at a
future meeting.
1.AGENDA
This agenda contains a brief general description of each item to be considered.
Except as otherwise provided by law, no action shall be taken on any item not
appearing on the following agenda unless the Board of Directors makes a
determination that an emergency exists or that a need to take immediate action on
the item came to the attention of the District subsequent to the posting of the
agenda.
a.Approval of Agenda
2.APPROVAL OF CONSENT CALENDAR
All matters listed under the Consent Calendar are considered by the Board of
Directors to be routine and will be enacted in one motion. There will be no
discussion of these items prior to the time the board considers the motion unless
members of the board, the administrative staff, or the public request specific items
to be discussed and/or removed from the Consent Calendar.
a.Adopt Resolution 2026.01 Accepting Dedication of Water System
Improvements for 1863 East 5th Street
b.Accept and File Investment Transaction Report for Month Ended January 31,
2026
c.Accept and File Financial Statements for December 2025
3.INFORMATIONAL ITEMS
a.Supervisory Control and Data Acquisition (SCADA) Resiliency Update
4.DISCUSSION AND POSSIBLE ACTION ITEMS
a.Consider Approval of Construction Contract Amendment with NorCal Pump &
Well Drilling, Inc. for Additional Drilling Construction for Well No. 129
b.Consider Approval of Fiscal Year 202526 MidYear Budget Revisions
c.Consider Approval of a OneTime Additional Discretionary Payment of $4.5
Million to Reduce the District's Unfunded Accrued Liability
5.REPORTS
a.Board of Directors’ Reports
b.General Manager/CEO Report
Water Supply Update
c.Legal Counsel Report
d.Board of Directors’ Comments
ADJOURN
BOARD OF DIRECTORSFEBRUARY 25, 2026East Valley Water District was formed in 1954 and provides water and wastewater services to108,000 residents within the cities of San Bernardino and Highland, and portions of SanBernardino County.EVWD operates under the direction of a 5member elected Board.GOVERNING BOARD EXECUTIVE MANAGEMENTRonald L. CoatsChairman of the Board Brian W. TompkinsChief Financial OfficerChris CarrilloViceChairman Jeff NoelteDirector of Engineering & OperationsDavid E. SmithGoverning Board Member Kerrie BryanDirector of Administrative ServicesPhillip R. GoodrichGoverning Board Member Patrick Milroy Operations ManagerJames Morales, Jr.Governing Board Member Manuel MorenoWater Reclamation ManagerWilliam RinglandPublic Affairs/Conservation ManagerMichael MooreGeneral Manager/CEO Ryan RitualoInformation Technology ManagerJustine HendricksenDistrict ClerkBoard of Directors Regular MeetingFebruary 25, 2026 5:00 PM31111 Greenspot Road, Highland, CA 92346www.eastvalleywater.govPLEASE NOTE:Materials related to an item on this agenda submitted to the Board after distribution of theagenda packet are available for public inspection in the District’s office located at 31111Greenspot Rd., Highland, during normal business hours. Also, such documents are availableon the District’s website at eastvalley.org and are subject to staff’s ability to post thedocuments before the meeting.Pursuant to Government Code Section 54954.2(a), any request for a disabilityrelatedmodification or accommodation, including auxiliary aids or services, that is sought in orderto participate in the above agendized public meeting should be directed to the District Clerkat (909) 8854900 at least 72 hours prior to said meeting.In order to comply with legal requirements for posting of agenda, only those items filedwith the District Clerk by 12:00 p.m. on Wednesday prior to the following Wednesdaymeeting not requiring departmental investigation, will be considered by the Board ofDirectors.CALL TO ORDERPLEDGE OF ALLEGIANCEROLL CALL OF BOARD MEMBERSPUBLIC COMMENTSAny person wishing to speak to the Board of Directors is asked to complete a SpeakerCard and submit it to the District Clerk prior to the start of the meeting. Each speaker islimited to three (3) minutes, unless waived by the Chairman of the Board. Under the Stateof California Brown Act, the Board of Directors is prohibited from discussing or takingaction on any item not listed on the posted agenda. The matter will automatically bereferred to staff for an appropriate response or action and may appear on the agenda at afuture meeting.1.AGENDAThis agenda contains a brief general description of each item to be considered.Except as otherwise provided by law, no action shall be taken on any item notappearing on the following agenda unless the Board of Directors makes adetermination that an emergency exists or that a need to take immediate action onthe item came to the attention of the District subsequent to the posting of theagenda.a.Approval of Agenda2.APPROVAL OF CONSENT CALENDARAll matters listed under the Consent Calendar are considered by the Board ofDirectors to be routine and will be enacted in one motion. There will be nodiscussion of these items prior to the time the board considers the motion unlessmembers of the board, the administrative staff, or the public request specific itemsto be discussed and/or removed from the Consent Calendar.a.Adopt Resolution 2026.01 Accepting Dedication of Water SystemImprovements for 1863 East 5th Streetb.Accept and File Investment Transaction Report for Month Ended January 31,2026c.Accept and File Financial Statements for December 2025
3.INFORMATIONAL ITEMS
a.Supervisory Control and Data Acquisition (SCADA) Resiliency Update
4.DISCUSSION AND POSSIBLE ACTION ITEMS
a.Consider Approval of Construction Contract Amendment with NorCal Pump &
Well Drilling, Inc. for Additional Drilling Construction for Well No. 129
b.Consider Approval of Fiscal Year 202526 MidYear Budget Revisions
c.Consider Approval of a OneTime Additional Discretionary Payment of $4.5
Million to Reduce the District's Unfunded Accrued Liability
5.REPORTS
a.Board of Directors’ Reports
b.General Manager/CEO Report
Water Supply Update
c.Legal Counsel Report
d.Board of Directors’ Comments
ADJOURN
Agenda Item
#2a
February 25, 20261
Meeting Date: February 25, 2026
Agenda Item #2a
Consent Item
Regular Board Meeting
TO: Governing Board Members
FROM: General Manager/CEO
SUBJECT: Adopt Resolution 2026.01 - Accepting Dedication of Water System Improvements for
1863 East 5th Street
RECOMMENDATION
That the Board of Directors adopt and file Resolution 2026.01 - Accepting Dedication of Water
System Improvements for 1863 East 5th Street.
BACKGROUND / ANALYSIS
Located at the southwest corner of East 5th Street and Sterling Avenue, the San Bernardino
International Airport Authority has completed the construction of a water main extension in East
5th Street for a restroom in a guard booth at the Ashley Furniture Industries parking lot
development. The Offer of Dedication has been executed by the owner and the Notice of
Completion has been recorded with the County. It is the recommendation of staff to accept the
completed facilities to permanently incorporate into the District’s system and future master
planning studies.
This acceptance will add approximately 1,200 linear feet of water main, 2 domestic connections,
1 irrigation connection, and 3 fire hydrants.
DISTRICT PILLARS AND STRATEGIES
IV - Planning, Maintenance, and Preservation of District Resources
b. Dedicate Efforts Toward System Maintenance and Modernization
d. Enhance Planning Efforts that Respond to Future Demands
REVIEW BY OTHERS
This agenda item has been reviewed by the executive management team.
FISCAL IMPACT
There is no fiscal impact associated with this agenda item.
Recommended by:Respectfully submitted:
Agenda Item
#2a
February 25, 20262
Meeting Date: February 25, 2026
Agenda Item #2a
Consent Item
________________
Michael Moore
General Manager/CEO
________________
Nathan Carlson
Senior Engineer
ATTACHMENTS
Resolution 2026.01
Irrevocable Offer of Dedication of Water System
Notice of Completion
WS4233
RESOLUTION 2026.01
A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE EAST VALLEY WATER DISTRICT
ACCEPTING DEDICATION OF WATER SYSTEM IMPROVEMENTS
1863 EAST 5TH STREET
SAN BERNARDINO INTERNATIONAL AIRPORT AUTHORITY
BE IT HEREBY RESOLVED by the Board of Directors of the East Valley Water District, as
follows:
WHEREAS the Water pipelines and appurtenant structures constructed in accordance with
specifications of the East Valley Water District for the development of a parking lot and guard station,
located at 1863 East 5th Street, for public use, in the City of San Bernardino and the County of San
Bernardino, have been dedicated to East Valley Water District by the developer, San Bernardino
International Airport Authority (OWNER).
NOW THEREFORE, BE IT HEREBY RESOLVED, that the Irrevocable Offer of Dedication of
Water System dated January 21, 2026, executed by Michael Burrows, Chief Executive Officer, for the
OWNER, be accepted and all rights, title and interest in and to said water system be vested in the East
Valley Water District, and that the Secretary of this District be, and is hereby authorized and directed to,
record this Resolution with said Irrevocable Offer of Dedication of Water System attached hereto, in the
office of the County Recorder of the County of San Bernardino, State of California.
* * * * * * * * * * * * * * * * * * * * * * *
The foregoing resolution was duly adopted at a meeting of the Board of Directors of the East Valley
Water District, upon motion duly made, seconded and carried on February 25, 2026.
AYES: Directors:
NOES:
ABSENT:
ABSTAIN:
EAST VALLEY WATER DISTRICT
_______________________________________
Ronald L. Coats,
Board President
East Valley Water District
Resolution 2026.01
Page 1 of 2
WS4233
DATE OF ACCEPTANCE
I HEREBY CERTIFY the foregoing is a full, true and correct copy of Resolution 2026.01 adopted by the
Board of Directors of East Valley Water District at its’ Regular Meeting held February 25, 2026.
ATTEST:
______________________________________________
Michael Moore, PE
Secretary, Board of Directors
East Valley Water District
Resolution 2026.01
Page 2 of 2
Q Recorded in Official Records
San Bernardino Counly
RECORDING REQUESTED BY
AND WHEN RECORDED MAIL TO
Name
Street
Address
City&
t:
HMC Construction, Inc.
1461 E. Cooley Drive, Ste. 230
Colton, CA 92324
ATTN: ROBYN SMITH __J
Assessor-Recorder-County Clerk
DOC n 2026-0013075
01/20/2026
10:26 AM
SAN
K6677
Titles: 1 Pages: 1
Fees: 126.00 Taxes: 0.00
CA SB2 Fee: 75.00
Total: 101.00
SPACE ABOVE THIS LINE FOR RECORDER'S USE
'7///////////////////////////////////////////////////////////////////////////////////////////4,_
~ NOTICE OF COMPLETION ~
% %
~ Notice pursuant to Civil Code Section 3093, must be filed within 10 days after completion. %
',/
Notice is hereby given that:
1. The undersigned is owner or corporate officer of the owner of the interest or estate stated below in the property hereinafter described:
2. The full name of the owner is
3. The full address of the owner is
ASHLEY FURNITURE INDUSTRIES LLC., a Florida limited liability company
1670 EAST 8TH AVENUE TAMPA, FL 33605
4. The nature of the interest or estate of the owner is Lessee
(If other than fee, strike "In fee· and insert, for example, "purchased under contract of purchase," or "lessee")
5. The full names and full addresses of all persons, if any, who hold title with the undersigned as joint tenants or as tenants in common are:
NAMES ADDRESSES
6. A work of improvement on the property hereinafter described was completed on 08/29/2025 The work done was:
DEVELOPMENT OF A 12 ACRE PAVED TRUCK AND TRAILER PARKING LOT WITH LIGHT POLES AND A GUARD BOOTH
CONTAINING ill RESTROOM WITH A 1000 GAL.SEPTIC TANK
7. The name of the contractor, if any, for such work of improvement was: HMC CONSTRUCTION INC.
(If no contractor for work or improvement as a whole, insert "none".) (Date of contract)
8. The property on which said work or improvement was completed is in the city of SAN BERNARDINO
County of SAN BERNARDINO , State of California, and is described as follows: APN: 0279-212-02, 0279-222-01 THROUGH 05
9. The street address of said property is 1863 E 5TH STREET, SAN BERNARDINO, CA 92408
(If no street address has been officially assigned, insert 'ncne"}
Dated: I /q. 2oJ6
VerificaLion for Individual Owner
Name: Stephen R. Calkins Tille: ~I&/ A sf,/ cj FLJrf) t'-h<,re_
agent)
I ,,Jlt.sf,,..1 ;.
<'.. ~ t
VERIFICATION
I, the undersigned, say: I am the
(Title oJ .,Signer)
Notice of Completion and know the contents thereof; the same is !fue of my own knowledge. I declare under penalty of perjuiy that the foregoing is true and correct.
Executed on r1 1911i . 202/J_.at,kz r~
and the declarant of the foregoing Notice of Completion; I have read said
Florida.
~ (Personal signature of the individual who' is swearing that the contents of the
Notice of Completion are true)
S a n B e rn a rd in o C o u n ty
Offices of the Assessor-Recorder-Clerk
222 W Hospitality Lane
San Bernardino, CA 92415
(909) 387-8306 (855) REC-CLRK
Receipt: 26-13674
Product
0130
Name
NOTICE OF COMPLETION
Document#
#Pages
Ab 1466 Fee
# of AB 1466 Exemptions
Print Return Address Label
Extended
$101.00
2026-0013075
true
0
false
Total
Tender (Check)
Paid By
Payor
Check Number
Phone Number
Paid By
$101.00
$101.00
HMC CONSTRUCTION INC
HMC CONSTRUCTION INC
35089
909-824-8002
HMC CONSTRUCTION INC
Thank You For Your Business
1/20/26, 10:26 AM PST
SAN BERNARDINO
Agenda Item
#2b
February 25, 20261
Meeting Date: February 25, 2026
Agenda Item #2b
Consent Item
1
7
6
2
Regular Board Meeting
TO: Governing Board Members
FROM: General Manager/CEO
SUBJECT: Accept and File Investment Transaction Report for Month Ended January 31, 2026
RECOMMENDATION
That the Board of Directors accept and file the attached Investment Transaction report for the
month ended January 31, 2026.
BACKGROUND / ANALYSIS
California Government Code §53607 requires the CFO/Treasurer of a public agency to submit a
monthly investment transaction report to the Board of Directors (Board) when the Board has
delegated to the CFO/Treasurer the authority to invest, reinvest, sell, or exchange securities
held in the Agency’s investment portfolio.
The balance held in the Local Agency Investment Fund (LAIF) at the beginning of January was
$19,026,039. Interest earned during the previous quarter of $198,199 was posted to the
account in January. There was one $12,000,000 deposit to LAIF in January, leaving a balance at
the end of January of $31,224,238.
The District made one transfer into California CLASS during January totaling $10,000,000. This
deposit went to the reclamation sub-account in CLASS to fully fund the debt service reserve for
the SNRC loan. Interest earned during the month ended January 31, 2026 of $38,082 was
posted to the account, increasing the account balance to $13,860,815 at month end.
Investments held in the District’s U.S. Bank Custodial Account totaled $17,147,232 at the
beginning of January. During the month, earnings added $41,955 to the U.S. Bank account,
while fees reduced the balance by $1,000. In addition, the amortization of premiums and
accretion of discounts on several different securities added $445 to the adjusted cost basis for
the investments, resulting in an account balance at the end of January of $17,188,632.
Investment transactions within the U.S. Bank account during January included one maturity of
$300,000 and three investment purchases for $1,294,668. At the end of January, the account
balance was split between a mutual fund balance of $599,866, and federal securities shown on
the attached schedule with a total balance of $16,558,766.
Agenda Item
#2b
February 25, 20262
Meeting Date: February 25, 2026
Agenda Item #2b
Consent Item
1
7
6
2
DISTRICT PILLARS AND STRATEGIES
II - Sustainability, Transparency, and Accountability
a. Uphold Transparent and Accountable Fiscal and Resource Management
REVIEW BY OTHERS
This agenda item has been reviewed by the Finance Department.
FISCAL IMPACT
There is no fiscal impact associated with this agenda item.
Recommended by:
________________
Michael Moore
General Manager/CEO
Respectfully submitted:
________________
Brian Tompkins
Chief Financial Officer
ATTACHMENTS
Investment Transaction Report for Month Ended Jan 2026
LAIF Jan 2026
CLASS Jan 2026
EAST VALLEY WATER DISTRICT
Investment Activity
Month Ended January 31, 2026
Purch Units / Maturity
Adjusted Cost
12/31/2025 Amort Cost Adjusted Cost Matured /Market
Date Issuer CUSIP Yield Face Value Date Total Adjustment 1/1/2026 Purchases Called Total Water Sewer Reclamation Value
03/31/21 US Treasury Note (UST0026A 91282CBT7 0.750%500,000 03/31/26 499,736.87 91.02 499,827.89 499,827.89 499,827.89 497,710.00
12/27/23 US Treasury Note (UST4326)91282CJP7 4.375%600,000 12/15/26 602,186.44 (207.11) 601,979.33 601,979.33 601,979.33 604,026.00
04/22/24 US Treasury Note 91282CJC6 4.625%200,000 10/15/26 199,631.37 38.08 199,669.45 199,669.45 199,669.45 201,356.00
04/05/24 US Treasury Note 91282CKH3 4.500%500,000 03/31/26 499,692.77 91.97 499,784.74 499,784.74 499,784.74 500,555.00
4/10 & 4/11 US Treasury Note 91282CKJ9 4.500%800,000 04/15/27 797,464.56 160.84 797,625.40 797,625.40 797,625.40 808,872.00
09/23/24 US Treasury Note 91282CLL3 3.375%500,000 09/15/27 499,153.66 45.09 499,198.75 499,198.75 499,198.75 498,730.00
02/13/25 US Treasury Note UST4228 91282CMN8 4.125%200,000 02/15/28 199,699.06 16.32 199,715.38 199,715.38 199,715.38 202,734.00
05/15/25 US Treasury Note UST3728 91282CND9 3.625%200,000 05/15/28 299,578.24 11.41 299,589.65 299,589.65 299,589.65 301,230.00
10/31/25 US Treasury Note UST3630 91282CPD7 3.625%400,000 05/15/28 399,875.00 - 399,875.00 399,875.00 399,875.00 397,156.00
10/31/25 US Treasury Note 91282CMA6 4.125%300,000 05/15/28 713,247.64 (280.06) 712,967.58 712,967.58 712,967.58 710,388.00
11/26/25 US Treasury Note 91282CPN5 3.625%600,000 11/30/30 596,558.57 45.98 596,604.55 596,604.55 596,604.55 592,266.00
12/08/25 US Treasury Note 91282CFC0 2.625%300,000 07/31/29 290,070.12 223.85 290,293.97 290,293.97 290,293.97 289,863.00
12/15/25 US Treasury Note 91282CPP0 3.500%600,000 12/15/28 598,973.68 17.77 598,991.45 598,991.45 598,991.45 598,362.00
01/13/26 US Treasury Note 91282CPT2 3.500%500,000 01/15/29 - 13.10 13.10 498,671.88 498,684.98 498,684.98 498,555.00
01/13/26 US Treasury Note 91282CPR6 3.625%500,000 12/31/30 - 20.01 20.01 497,109.38 497,129.39 497,129.39 496,055.00
01/28/26 US Treasury Note 91282CPW5 3.750%300,000 01/31/31 - - - 298,886.72 298,886.72 298,886.72 299,250.00
07/30/20 FHLMC MTN 3134HAGV9 4.000%500,000 08/27/27 497,930.22 109.22 498,039.44 498,039.44 498,039.44 499,615.00
04/14/25 FHLMC MTN 3134HBKC4 4.150%100,000 04/17/28 500,000.00 500,000.00 500,000.00 500,000.00 499,725.00
09/23/21 Federal Home Loan Bank 3130APAZ8 1.030%200,000 09/30/26 200,000.00 200,000.00 200,000.00 200,000.00 196,574.00
03/25/21 Federal Home Loan Bank 3130ALUF9 1.000%300,000 03/30/26 300,000.00 300,000.00 300,000.00 300,000.00 298,770.00
09/17/21 Federal Home Loan Bank 3130AP6M2 1.020%400,000 09/30/26 400,000.00 400,000.00 400,000.00 400,000.00 393,260.00
10/25/24 Federal Home Loan Bank 3130B3G72 4.250%300,000 10/22/27 300,000.00 300,000.00 300,000.00 300,000.00 300,141.00
10/30/24 Federal Home Loan Bank 3130B3JC8 4.310%200,000 10/20/27 200,000.00 200,000.00 200,000.00 200,000.00 200,142.00
10/15/21 Federal Home Loan Bank 3130APJ55 1.250%300,000 10/26/26 299,999.24 299,999.24 299,999.24 299,999.24 294,870.00
04/10/24 Federal Home Loan Bank 3130B0UQ0 5.000%500,000 04/15/27 500,000.00 500,000.00 500,000.00 500,000.00 500,510.00
04/22/24 Federal Home Loan Bank 3130B13F2 4.910%450,000 11/27/26 450,152.76 (25.71) 450,127.05 450,127.05 450,127.05 454,612.50
11/17/21 Federal Farm Credit Bank 3133ENEM8 1.430%200,000 11/23/26 200,000.00 200,000.00 200,000.00 200,000.00 196,536.00
01/27/25 Federal Home Loan Bank 3130B4R52 4.500%500,000 10/27/28 500,000.00 500,000.00 500,000.00 500,000.00 503,945.00
01/24/25 Federal Home Loan Bank 3130B4SN2 4.500%500,000 07/28/28 500,000.00 500,000.00 500,000.00 500,000.00 501,905.00
02/18/25 Federal Home Loan Bank 3130B54T2 4.550%200,000 08/18/27 200,000.00 200,000.00 200,000.00 200,000.00 199,988.00
02/21/25 Federal Home Loan Bank 3130B4YG0 4.550%200,000 08/14/29 199,815.64 29.28 199,844.92 199,844.92 199,844.92 200,642.00
12/18/24 Federal Home Loan Bank 3130B4BW0 4.500%500,000 06/12/28 500,000.00 500,000.00 500,000.00 500,000.00 501,255.00
04/16/25 Federal Home Loan Bank 3130B5XT0 4.050%300,000 10/21/27 300,000.00 300,000.00 300,000.00 300,000.00 300,015.00
05/08/25 Federal Home Loan Bank 3130B6CN4 4.125%200,000 05/03/30 200,000.00 200,000.00 200,000.00 200,000.00 199,856.00
05/22/25 Federal Home Loan Bank 3130B6JZ0 4.250%300,000 11/22/27 300,000.00 300,000.00 300,000.00 300,000.00 300,378.00
06/26/25 Federal Home Loan Bank 3130B6VG8 4.100%300,000 06/26/28 300,000.00 300,000.00 300,000.00 300,000.00 300,465.00
07/31/25 Federal Home Loan Bank 3130B72H6 4.300%500,000 07/15/30 500,000.00 500,000.00 500,000.00 500,000.00 501,700.00
09/25/25 Federal Home Loan Bank 3130B7WY6 3.900%200,000 10/02/29 200,000.00 200,000.00 200,000.00 200,000.00 199,936.00
10/02/25 Federal Home Loan Bank 3130B7WX8 3.800%700,000 10/02/28 700,000.00 700,000.00 700,000.00 700,000.00 700,224.00
01/16/25 FNMA 3136GA5M7 4.550%300,000 01/13/28 299,970.92 29.08 300,000.00 300,000.00 - - -
03/31/25 FHLMC MTN 3134HBGK1 4.175%500,000 04/01/27 500,000.00 500,000.00 500,000.00 500,000.00 499,620.00
08/29/25 FHLMC MTN 3136GAPH6 4.065%350,000 08/27/30 349,915.36 15.23 349,930.59 349,930.59 349,930.59 350,136.50
16,400,000.00 15,593,652.12 445.37 15,594,097.49 1,294,667.98 300,000.00 16,588,765.47 14,339,175.90 2,249,589.57 - 16,591,929.00
86.4% 13.6%
Adjusted Cost 1/31/2026
Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
February 02, 2026
LAIF Home
PMIA Average Monthly
Yields
EAST VALLEY WATER DISTRICT
CHIEF FINANCIAL OFFICER
31111 GREENSPOT ROAD
HIGHLAND, CA 92346
Account Number:
January 2026 Statement
Tran Type Definitions
Effective
Date
Transaction
Date
Tran
Type Confirm
Number
Web
Confirm
Number Authorized Caller Amount
1/7/2026 1/7/2026 RD 1788755 N/A BRIAN W. TOMPKINS 12,000,000.00
1/15/2026 1/15/2026 QRD 1792983 N/A SYSTEM 198,199.46
Account Summary
Total Deposit:12,198,199.46 Beginning Balance:19,026,038.98
Total Withdrawal:0.00 Ending Balance:31,224,238.44
2/2/26, 11:18 AM LAIF Regular Monthly Statement
https://laifms.treasurer.ca.gov/RegularStatement.aspx 1/1
Agenda Item
#2c
February 25, 20261
Meeting Date: February 25, 2026
Agenda Item #2c
Consent Item
1
7
6
3
Regular Board Meeting
TO: Governing Board Members
FROM: General Manager/CEO
SUBJECT: Accept and File Financial Statements for December 2025
RECOMMENDATION
That the Board of Directors accept and file the attached financial statements as of, and for the
period ended, December 31, 2025.
BACKGROUND / ANALYSIS
The East Valley Water District adopted an annual budget on June 25, 2025 for fiscal year 2025-
26. In accordance with District Administrative Policy 7.7, the Chief Financial Officer provides
regular budget updates to the Board of Directors (Board). Included herewith for the Board’s
review is a summary of the District’s financial results, as of December 31, 2025.
DISTRICT PILLARS AND STRATEGIES
II - Sustainability, Transparency, and Accountability
a. Uphold Transparent and Accountable Fiscal and Resource Management
REVIEW BY OTHERS
This agenda item has been reviewed by the Finance Department.
FISCAL IMPACT
There is no fiscal impact associated with this agenda item.
Recommended by:
________________
Michael Moore
General Manager/CEO
Respectfully submitted:
________________
Brian Tompkins
Chief Financial Officer
Agenda Item
#2c
February 25, 20262
Meeting Date: February 25, 2026
Agenda Item #2c
Consent Item
1
7
6
3
ATTACHMENTS
December 2025 Financial Statement Monthly Review
December 2025 Financial Statements
FINANCIAL STATEMENTS MONTHLY REVIEW
MONTH ENDING DECEMBER 31, 2025
page | 1
The following is a highlight summary of the District’s financial results as of December 31,
2025. Please note all values presented are in millions (unless otherwise noted).
Statement of Net Position
Total assets at December 31, 2025 are $434.20 million.
CLASSIFICATION WATER WASTEWATER RECLAMATION DISTRICT
TOTAL
Cash and Investments $ 56.30 $ 10.23 $ 0.78 $ 67.31
Utility Plant, Net 108.03 27.04 170.64 305.71
Other Assets 25.22 6.30 29.66 61.18
Current Liabilities 29.73 0.33 1.67 31.73
Long Term Liabilities 44.24 10.50 167.69 222.43
Beginning Net Position 107.85 31.67 6.73 146.25
Change in Equity 7.05 0.77 24.99 32.81
TOTAL NET $ 114.90 $ 32.44 $ 31.72 $ 179.06
Cash and Investments
Cash and Investments are $67.31 million for the month of December, an increase of
$16.31 million from the prior month. In December, the District received $23.85 million
from the IRS for Inflation Reduction Act Tax Credit and associated interest and paid $7.67
million to SWRCB for one year’s principal and interest on both the Water Recycling Bond
and Clear Water State Revolving Fund loans associated with the SNRC. The District’s Due
from Other Governments includes receivables from SBVMWD bringing the ending balance
as of December 31, 2025 to $619 thousand.
$0
$10
$20
$30
$40
$50
$60
$70
$80
Mi
l
l
i
o
n
s
CASH & INVESTMENTS
Restricted Unrestricted
FINANCIAL STATEMENTS MONTHLY REVIEW
MONTH ENDING DECEMBER 31, 2025
page | 2
Statement of Revenues & Expenses
Total Revenues & Expenses through December 31, 2025 are summarized below (in
millions):
Column1 WATER WASTEWATER RECLAMATION DISTRICT
TOTAL
Revenue $ 20.21 $ 3.99 $ 33.12 $ 57.32
Expense 13.16 3.22 8.13 24.51
Water Sales by Tier
Water Sales for the month ending December 31, 2025 were $1.23 million; $163 thousand
under staff projections for the month and $68 thousand under year-to-date projections.
$0.0
$0.5
$1.0
$1.5
$2.0
$2.5
Mi
l
l
i
o
n
s
WATER SALES BY TIER
Tier 1 Tier 2 Tier 3 FY 2025-26 Projection
For a more detailed presentation, operating results are presented in three ways on pages
2 through 6 of the attached financial statements for the period ending December 31,
2025.
First is a one-page summary with monthly and year-to-date totals for revenue and
expenses, presented by Expense Category. Second is a one-page summary with monthly
and year-to-date totals for Revenues and Expense by Program. Third is a Budget-to-
Actual presentation of program expense detail.
FINANCIAL STATEMENTS MONTHLY REVIEW
MONTH ENDING DECEMBER 31, 2025
page | 3
Water Sales by Customer Class
The table below shows the District’s water sales for the month of December 2025 by
customer class. The following icons are to complement the graph below: positive
change, no change, negative change when comparing actuals versus projections.
CUSTOMER
CLASS ACTUAL PROJECTION $
VARIANCE
%
VARIANCE
Residential 704,974$ 802,000$ (97,026)$ -12%
Multi-Family 240,188 292,000 (51,812) -18%
Commercial 138,967 149,000 (10,033) -7%
Irrigation 149,287 153,000 (3,713) -2%
TOTAL $ 1,233,416 $ 1,396,000 $ (162,584) -12%
The following table displays customer class by tier for the month of December 2025:
CUSTOMER
CLASS TIER ACTUAL PROJECTION $
VARIANCE
%
VARIANCE
Residential Tier 1 320,926$ 367,000$ (46,074)$ -13%
Residential Tier 2 165,444 194,000 (28,556) -15%
Residential Tier 3 218,604 241,000 (22,396) -9%
Multi-Family Tier 1 120,916 140,000 (19,084) -14%
Multi-Family Tier 2 21,167 23,000 (1,833) -8%
Multi-Family Tier 3 98,105 129,000 (30,895) -24%
Commercial Flat Rate 80,512 117,000 (36,488)$ -31%
Commercial Tier 1 16,948 21,000 (4,052) -19%
Commercial Tier 2 22,655 10,000 12,655 127%
Commercial Tier 3 18,852 1,000 17,852 1785%
Irrigation Tier 2 42,384 51,000 (8,616) -17%
Irrigation Tier 3 106,903 102,000 4,903 5%
TOTAL $ 1,233,416 $ 1,396,000 $ (162,584) -12%
Legend
- Positive Change in Actuals
- Neutral Change in Actuals
- Negative Change in Actuals
FINANCIAL STATEMENTS MONTHLY REVIEW
MONTH ENDING DECEMBER 31, 2025
page | 4
The chart below is a comparative illustration of Water Revenue year-to-date compared
to last year’s Water Revenue year-to-date as of December. As noted in the graph, Water
Revenue experienced a minor decrease over last year. Water consumption decreased
202.58 million gallons (270.8K HCF) compared to December of 2024 and water sales
were down $466K for all three tiers combined.
$0.0
$2.0
$4.0
$6.0
$8.0
$10.0
$12.0
$14.0
$16.0
$18.0
$20.0
12/31/2024 12/31/2025
Mi
l
l
i
o
n
s
COMPARATIVE YEAR-TO-DATE
WATER REVENUE
(WATER SALES & METER CHARGES)
Meter Tier 1 Tier 2 Tier 3
Total - $17,492,100 Total - 17,409,253
FINANCIAL STATEMENTS MONTHLY REVIEW
MONTH ENDING DECEMBER 31, 2025
page | 5
Water Fund Activities by Cost Center
The graph below provides a year-to-date comparison of the Water Fund operating cost
centers for FY 2024-25 and FY 2025-26.
FINANCIAL STATEMENTS MONTHLY REVIEW
MONTH ENDING DECEMBER 31, 2025
page | 6
Wastewater Fund Activities by Cost Center
The graph below provides a year-to-date comparison of the Wastewater Fund operating
cost centers for FY 2024-25 and FY 2025-26.
FINANCIAL STATEMENTS MONTHLY REVIEW
MONTH ENDING DECEMBER 31, 2025
page | 7
Water Reclamation Fund Activities by Category
The graph below provides a year-to-date comparison of the Water Reclamation Fund
operating categories for FY 2024-25 and FY 2025-26.
WATER WASTEWATER RECLAMATION DISTRICT TOTAL
ssets:
Current Assets:
01 Cash and Cash E uivalents 33 007 888.76 3 907 776.92 1 596 722.21 35 318 943.47
02 Investments 13 322 537.75 2 232 742.12 - 15 555 279.87
03 ccounts Receivable Net 5 692 908.38 372 123.37 759 400.76 6 824 432.51
14 05 Other Receivables 2 144 863.32 1 173.53 - 2 146 036.85
07.Due from Water Fund - - 23 851 613.10 23 851 613.10
06 Due from Other Governments - - 618 671.95 618 671.95
08 Inventor 1 998 440.54 6 721.16 57 273.64 2 062 435.34
09 Pre aid Ex enses 606 080.58 55 624.41 - 661 704.99
56 772 719.33 6 576 161.51 23 690 237.24 87 039 118.08
Non-Current Assets:
10 Restricted Cash and Cash E uivalents 9 974 826.25 4 085 014.29 2 380 442.54 16 440 283.08
11 Ca ital Assets not bein De reciated 9 694 020.67 3 660 196.83 4 371 480.61 17 725 698.11
13 Ca ital Assets Net 108 028 390.45 27 040 879.33 170 637 036.68 305 706 306.46
127 697 237.37 34 786 090.45 177 388 959.83 339 872 287.65
Total Assets:184 469 956.70 41 362 251.96 201 079 197.07 426 911 405.73
Deferred Outflow Of Resources
24*Deferred Char e on Refundin 524 362.13 245 874.77 - 770 236.90
25 Deferred Outflows - Pensions 4 558 538.10 1 953 658.90 - 6 512 197.00
189 552 856.93 43 561 785.63 201 079 197.07 434 193 839.63
Current Liabilities:
22 ccounts Pa able and Accrued Ex enses 2 261 480.86 30 904.88 1 590 541.90 3 882 927.64
29.Due to Reclamation Fund 23 851 613.10 - - 23 851 613.10
15 Customer Service De osits 1 582 169.07 - - 1 582 169.07
16 Construction Advances and Retentions 337 251.94 3 500.01 21 176.50 361 928.45
17 ccrued Interest Pa able 190 571.50 24 072.00 - 214 643.50
18 Current Portion of Com ensated Absences 333 495.90 99 373.18 53 314.93 486 184.01
19 Current Portion of Lon -Term Debt 1 171 500.28 175 000.00 - 1 346 500.28
29 728 082.65 332 850.07 1 665 033.33 31 725 966.05
Non-Current Liabilities:
20 Com ensated Absences less current ortion 539 427.32 166 878.81 218 032.91 924 339.04
28 Net Pension Liabilit 10 352 236.79 4 351 668.00 - 14 703 904.79
21 Lon Term Debt Less Current Portion 33 347 831.85 5 979 340.50 167 475 214.91 206 802 387.26
27 Other Liabilities 1 173.64 - - 1 173.64
44 240 669.60 10 497 887.31 167 693 247.82 222 431 804.73
Total Liabilities:73 968 752.25 10 830 737.38 169 358 281.15 254 157 770.78
Deferred Inflows Of Resources
26 Deferred Inflows - Pensions 689 036.80 295 301.20 - 984 338.00
74 657 789.05 11 126 038.58 169 358 281.15 255 142 108.78
31 E uit 107 845 312.65 31 665 305.30 6 733 879.72 146 244 497.67
107 845 312.65 31 665 305.30 6 733 879.72 146 244 497.67
To Total Revenue 20 207 628.13 3 986 437.91 33 117 012.86 57 311 078.90
To Total Ex ense 13 157 872.90 3 215 996.16 8 129 976.66 24 503 845.72
7 049 755.23 770 441.75 24 987 036.20 32 807 233.18
114 895 067.88 32 435 747.05 31 720 915.92 179 051 730.85
189 552 856.93 43 561 785.63 201 079 197.07 434 193 839.63 Total Liabilities, E uit and Current Sur lus Deficit :
Total Be innin E uit :
E uit :
Revenues Over/Under Ex enses
Total Current Liabilities:
Total Liabilities and Deferred Inflows of Resources:
Total Non-Current Liabilities:
Unaudited
s of December 31, 2025
Combining Schedule of Net Position
Total E uit and Current Sur lus Deficit :
Total Assets and Deferred Outflows of Resources:
Total Current Assets:
Total Non-Current Assets:
Page 1 of 6
ADOPTED ADOPTED ADOPTED ADOPTED REMAINING
MTD YTD BUDGET MTD YTD BUDGET MTD YTD BUDGET TOTAL BUDGET BUDGET
Revenue
41 Water Sales 1 233 416.79$ 11 218 596.27$ 18 900 000.00$ -$ -$ -$ 306 308.08$ 618 464.21$ 1 200 000.00$ 20 100 000.00$ 8 262 939.52$
42 Meter Char es 945 103.26 5 669 076.83 11 425 000.00 - - - - - - 11 425 000.00 5 755 923.17
43 Penalties 39 079.55 313 482.45 360 000.00 2 392.71 12 346.83 130 000.00 4 737.90 24 015.45 90 000.00 580 000.00 230 155.27
44 Wastewater S stem Char es - - - 563 953.88 3 461 801.66 6 870 000.00 - - - 6 870 000.00 3 408 198.34
45 Wastewater Treatment Char es - - - - - - 1 123 372.53 7 025 364.71 13 820 000.00 13 820 000.00 6 794 635.29
46 Other O eratin Revenue 5 476.02 2 634 922.48 30 000.00 812.62 456 056.14 5 000.00 5 585.52 1 572 782.35 1 109 000.00 1 144 000.00 3 519 760.97
47 Non O eratin Revenue 92 206.65 371 550.10 800 000.00 416.81 56 233.28 100 000.00 23 854 154.30 23 876 386.14 2 050 000.00 2 950 000.00 21 354 169.52
48 Gain or Loss on Dis ositio - - - - - - - - - - -
56 Benefits - - - - - - - - - - -
68 De reciation - - - - - - - - - - -
Revenue Total: 2 315 282.27 20 207 628.13 31 515 000.00 565 950.78 3 986 437.91 7 105 000.00 25 282 987.29 33 117 012.86 18 269 000.00 56 889 000.00 422 078.90
- - - - - - - -
Ex ense b Cate or
51 Labo 482 475.73 2 883 732.41 6 819 600.00 126 465.33 794 137.29 1 936 400.00 88 414.75 518 217.95 1 301 000.00 10 057 000.00 5 860 912.35
56 Benefits 161 960.18 2 038 516.46 3 237 800.00 38 531.33 524 637.43 886 200.00 31 579.72 384 460.37 608 000.00 4 732 000.00 1 784 385.74
63 Contract Services 393 071.70 2 600 940.75 6 283 300.00 131 435.20 935 723.55 2 057 700.00 408 619.41 1 970 193.24 4 344 000.00 12 685 000.00 7 178 142.46
65 Professional Develo men 16 114.76 131 829.31 311 800.00 3 124.42 48 301.29 113 200.00 400.63 8 469.17 12 000.00 437 000.00 248 400.23
53 Overtime 36 300.67 307 303.83 628 200.00 2 179.77 15 951.04 29 800.00 25 585.44 137 390.49 280 000.00 938 000.00 477 354.64
62 Materials and Su lies 126 134.83 857 701.45 1 970 400.00 15 674.77 70 955.15 191 600.00 92 697.99 455 699.55 2 008 000.00 4 170 000.00 2 785 643.85
64 Utilities 175 666.69 1 858 419.55 4 131 100.00 18 296.13 109 799.56 317 900.00 341 954.95 1 461 455.81 1 894 000.00 6 343 000.00 2 913 325.08
52 Tem orar Labo 1 728.89 9 373.41 21 000.00 740.95 4 017.24 9 000.00 13 682.20 79 075.60 - 30 000.00 62 466.25
67 Other 42 168.52 1 615 357.24 2 191 300.00 13 062.60 677 232.03 902 700.00 - - - 3 094 000.00 801 410.73
54 Standb 8 288.37 42 301.70 96 500.00 414.93 2 239.89 5 500.00 4 577.91 26 056.24 65 000.00 167 000.00 96 402.17
61 Water Su l 127 444.12 564 044.12 823 000.00 - - - - - - 823 000.00 258 955.88
71 Debt Service 775 000.00 775 000.00 2 265 000.00 175 000.00 175 000.00 480 000.00 7 667 172.36 7 667 532.36 7 731 000.00 10 476 000.00 1 858 467.64
81 Ca ital Im rovement 242 306.77 446 736.03 4 841 000.00 - - - - - - 4 841 000.00 4 394 263.97
82 Ca ital Outla 41 479.89 248 352.67 1 547 500.00 17 777.10 33 001.69 122 500.00 - - - 1 670 000.00 1 388 645.64
83 ccountin Income Add back 1 017 306.77 1 221 736.03 - 175 000.00 175 000.00 - 4 578 574.12 4 578 574.12 - - 5 975 310.15
88 Transfer to Reserve - - 2 736 000.00 - - 175 000.00 4 578 574.12 - 26 000.00 2 937 000.00 2 937 000.00
99 Transfer from Reserve - - 6 388 500.00 - - 122 500.00 - - - 6 511 000.00 6 511 000.00
Ex ense Total: 1 612 834.35 13 157 872.90 31 515 000.00 367 702.53 3 215 996.16 7 105 000.00 482 462.88 8 129 976.66 18 269 000.00 56 889 000.00 32 385 154.28
Total Sur lus Deficit : 702 447.92$ 7 049 755.23$ -$ 198 248.25$ 770 441.75$ -$ 25 765 450.17$ 24 987 036.20$ -$ -$ 32 807 233.18$
Unaudited
Revenue and Ex ense Bud et-to-Actual b Cate or
Month Ended December 31, 2025
WATER WASTEWATER DISTRICT WIDERECLAMATION
Page 2 of 6
ADOPTED ADOPTED ADOPTED ADOPTED REMAINING
MTD YTD BUDGET MTD YTD BUDGET MTD YTD BUDGET TOTAL BUDGET BUDGET
Revenue
41 Water Sales 1 233 416.79$ 11 218 596.27$ 18 900 000.00$ -$ -$ -$ 306 308.08$ 618 464.21$ 1 200 000.00$ 20 100 000.00$ 8 262 939.52$
42 Meter Char es 945 103.26 5 669 076.83 11 425 000.00 - - - - - - 11 425 000.00 5 755 923.17
43 Penalties 39 079.55 313 482.45 360 000.00 2 392.71 12 346.83 130 000.00 4 737.90 24 015.45 90 000.00 580 000.00 230 155.27
44 Wastewater S stem Char es - - - 563 953.88 3 461 801.66 6 870 000.00 - - - 6 870 000.00 3 408 198.34
45 Wastewater Treatment Char es - - - - - - 1 123 372.53 7 025 364.71 13 820 000.00 13 820 000.00 6 794 635.29
46 Other O eratin Revenue 5 476.02 2 634 922.48 30 000.00 812.62 456 056.14 5 000.00 5 585.52 1 572 782.35 1 109 000.00 1 144 000.00 3 519 760.97
47 Non O eratin Revenue 92 206.65 371 550.10 800 000.00 416.81 56 233.28 100 000.00 23 854 154.30 23 876 386.14 2 050 000.00 2 950 000.00 21 354 169.52
56 Benefits - - - - - - - - - - -
Revenue Total: 2 315 282.27 20 207 628.13 31 515 000.00 565 950.78 3 986 437.91 7 105 000.00 25 282 987.29 33 117 012.86 18 269 000.00 56 889 000.00 422 078.90
Pro ra 1000 - Governin Board 11 561.33 93 009.01 197 400.00 4 635.81 38 498.61 84 600.00 - - - 282 000.00 150 492.38
Pro ra 2000 - General Administration 49 414.51 454 444.12 954 600.00 20 120.57 189 476.27 409 400.00 - - - 1 364 000.00 720 079.61
Pro ra 2100 - Human Resources 80 913.22 1 956 523.51 2 823 800.00 32 160.65 834 577.22 1 210 200.00 - - - 4 034 000.00 1 242 899.27
Pro ra 2200 - Public Affairs 75 860.20 445 154.28 1 141 700.00 32 377.97 196 332.03 489 300.00 - - - 1 631 000.00 989 513.69
Pro ra 2300 - Conservation 27 379.32 206 415.60 658 000.00 - - - - - - 658 000.00 451 584.40
Pro ra 3000 - Finance & Accountin 63 699.61 531 968.15 1 113 700.00 26 947.74 239 983.35 477 300.00 - - - 1 591 000.00 819 048.50
Pro ra 3200 - Information Technolo 106 821.60 667 318.43 1 384 600.00 45 780.62 287 568.18 593 400.00 - - - 1 978 000.00 1 023 113.39
Pro ra 3300 - Customer Service 100 995.80 766 678.30 1 666 000.00 42 504.60 325 849.22 714 000.00 - - - 2 380 000.00 1 287 472.48
Pro ra 3400 - Meter Services 20 615.94 155 810.15 315 000.00 - - - - - - 315 000.00 159 189.85
Pro ra 4000 - En ineerin 49 789.63 328 695.09 1 106 000.00 13 723.78 114 039.36 474 000.00 - - - 1 580 000.00 1 137 265.55
Pro ra 5000 - Water Production 342 680.93 2 831 261.74 6 207 000.00 - - - - - - 6 207 000.00 3 375 738.26
Pro ra 5100 - Water Treatment 136 282.19 897 579.65 1 735 000.00 - - - - - - 1 735 000.00 837 420.35
Pro ra 5200 - Water ualit 43 698.19 295 900.07 607 000.00 - - - - - - 607 000.00 311 099.93
Pro ra 6000 - Maintenance Administration 39 332.74 227 578.01 443 700.00 2 990.72 24 331.52 49 300.00 - - - 493 000.00 241 090.47
Pro ra 6100 - Water Maintenance 253 347.87 1 823 003.98 3 924 000.00 - - - - - - 3 924 000.00 2 100 996.02
Pro ra 6200 - Wastewater Collection - - - 61 811.68 449 609.68 990 000.00 - - - 990 000.00 540 390.32
Pro ra 6300 - Water Reclamation - - - - - - 1 007 639.48 5 041 018.42 10 512 000.00 10 512 000.00 5 470 981.58
Pro ra 7000 - Facilities Maintenance 116 616.50 930 027.13 1 584 800.00 44 437.76 355 161.67 679 200.00 126.48 - - 2 264 000.00 978 811.20
Pro ra 7100 - Fleet Maintenance 52 344.88 298 153.01 651 700.00 22 433.53 127 567.36 279 300.00 - - - 931 000.00 505 279.63
Pro ra 8000 - Ca ital 41 479.89 248 352.67 5 001 000.00 17 777.10 33 001.69 655 000.00 3 088 598.24 3 088 958.24 7 757 000.00 13 413 000.00 10 042 687.40
Total Surplus (Deficit): 702,447.92$ 7,049,755.23$ -$ 198,248.25$ 770,441.75$ -$ 21,186,876.05$ 24,987,036.20$ -$ -$ (32,807,233.18)$
WATER WASTEWATER DISTRICT WIDE
Revenue and Ex ense Bud et-to-Actual b Pro ram
Month Ended December 31, 2025
Unaudited
RECLAMATION
Page 3 of 6
ADOPTED ADOPTED ADOPTED ADOPTED REMAINING
MTD YTD BUDGET MTD YTD BUDGET MTD YTD BUDGET TOTAL BUDGET BUDGET
Revenue
41 Water Sales 1 233 416.79 11 218 596.27 18 900 000.00 - - - 306 308.08 618 464.21 1 200 000.00 20 100 000.00 8 262 939.52
42 Meter Char es 945 103.26 5 669 076.83 11 425 000.00 - - - - - - 11 425 000.00 5 755 923.17
43 Penalties 39 079.55 313 482.45 360 000.00 2 392.71 12 346.83 130 000.00 4 737.90 24 015.45 90 000.00 580 000.00 230 155.27
44 Wastewater S stem Char es - - - 563 953.88 3 461 801.66 6 870 000.00 - - - 6 870 000.00 3 408 198.34
45 Wastewater Treatment Char es - - - - - - 1 123 372.53 7 025 364.71 13 820 000.00 13 820 000.00 6 794 635.29
46 Other O eratin Revenue 5 476.02 2 634 922.48 30 000.00 812.62 456 056.14 5 000.00 5 585.52 1 572 782.35 1 109 000.00 1 144 000.00 3 519 760.97
47 Non O eratin Revenue 92 206.65 371 550.10 800 000.00 416.81 56 233.28 100 000.00 23 854 154.30 23 876 386.14 2 050 000.00 2 950 000.00 21 354 169.52
48 Gain or Loss on Dis osition - - - - - - - - - - -
56 Benefits - - - - - - - - - - -
68 De reciation - - - - - - - - - - -
Revenue Total: 2 315 282.27 20 207 628.13 31 515 000.00 565 950.78 3 986 437.91 7 105 000.00 25 282 987.29 33 117 012.86 18 269 000.00 56 889 000.00 422 078.90 - - - - - - - -Pro ram: 1000 - Governin Board - - - - -
51 Labor 5 902.05 41 279.68 107 800.00 2 529.45 17 691.28 46 200.00 - - - 154 000.00 95 029.04
56 Benefits 4 427.75 38 074.87 65 100.00 1 897.61 16 317.89 27 900.00 - - - 93 000.00 38 607.24
62 Materials and Su lies - - 2 100.00 - - 900.00 - - - 3 000.00 3 000.00
63 Contract Services - 4 473.00 4 900.00 - 1 917.00 2 100.00 - - - 7 000.00 610.00
65 Professional Develo ment 1 231.53 9 181.46 17 500.00 208.75 2 572.44 7 500.00 - - - 25 000.00 13 246.10
Pro ram: 1000 - Governin Board Total: 11 561.33 93 009.01 197 400.00 4 635.81 38 498.61 84 600.00 - - - 282 000.00 150 492.38 - - - - - -Pro ram: 2000 - General Administration - - - - -
51 Labor 32 731.29 216 534.77 453 600.00 14 027.71 92 800.61 194 400.00 - - - 648 000.00 338 664.62
52 Tem orar Labor 1 728.89 9 373.41 21 000.00 740.95 4 017.24 9 000.00 - - - 30 000.00 16 609.35
53 Overtime 219.08 1 591.99 2 800.00 93.90 682.30 1 200.00 - - - 4 000.00 1 725.71
56 Benefits 8 711.01 122 269.86 197 400.00 2 676.18 47 115.81 84 600.00 - - - 282 000.00 112 614.33
62 Materials and Su lies 5.26 575.74 4 200.00 2.26 246.72 1 800.00 - - - 6 000.00 5 177.54
63 Contract Services 3 024.00 40 499.57 172 200.00 1 296.00 17 356.94 73 800.00 - - - 246 000.00 188 143.49
64 Utilities 297.40 1 092.85 2 800.00 127.46 468.38 1 200.00 - - - 4 000.00 2 438.77
65 Professional Develo ment 2 697.58 62 505.93 100 600.00 1 156.11 26 788.27 43 400.00 - - - 144 000.00 54 705.80
Pro ram: 2000 - General Administration Total: 49 414.51 454 444.12 954 600.00 20 120.57 189 476.27 409 400.00 - - - 1 364 000.00 720 079.61 - - - - - -Pro ram: 2100 - Human Resources - - - - - -
51 Labor 18 283.51 109 655.44 257 600.00 7 835.77 46 995.07 110 400.00 - - - 368 000.00 211 349.49
52 Tem orar Labor - - - - - - - - - - -
53 Overtime - 626.71 2 100.00 - 268.59 900.00 - - - 3 000.00 2 104.70
56 Benefits 6 036.99 113 877.24 162 400.00 2 587.17 48 804.03 69 600.00 - - - 232 000.00 69 318.73
62 Materials and Su lies - 3 609.77 6 300.00 - 221.09 2 700.00 - - - 9 000.00 5 169.14
63 Contract Services 18 390.62 132 458.86 254 100.00 7 881.70 56 768.10 108 900.00 - - - 363 000.00 173 773.04
64 Utilities 171.27 497.11 1 400.00 73.41 213.06 600.00 - - - 2 000.00 1 289.83
65 Professional Develo ment 7 551.40 15 590.19 37 800.00 720.00 4 075.25 16 200.00 - - - 54 000.00 34 334.56
67 Other 30 479.43 1 580 208.19 2 102 100.00 13 062.60 677 232.03 900 900.00 - - - 3 003 000.00 745 559.78
Pro ram: 2100 - Human Resources Total: 80 913.22 1 956 523.51 2 823 800.00 32 160.65 834 577.22 1 210 200.00 - - - 4 034 000.00 1 242 899.27 - - - - - -Pro ram: 2200 - Public Affairs - - - - - -
51 Labor 28 876.98 173 205.07 401 800.00 12 375.82 74 230.68 172 200.00 - - - 574 000.00 326 564.25
52 Tem orar Labor - - - - - - - - - - -
53 Overtime 797.61 3 843.63 11 900.00 341.85 1 647.28 5 100.00 - - - 17 000.00 11 509.09
56 Benefits 7 135.73 73 925.41 118 300.00 3 058.03 31 681.88 50 700.00 - - - 169 000.00 63 392.71
62 Materials and Su lies 5 092.42 20 430.51 81 900.00 2 182.44 8 755.91 35 100.00 - - - 117 000.00 87 813.58
63 Contract Services 33 113.78 160 481.23 460 600.00 14 058.26 74 329.80 197 400.00 - - - 658 000.00 423 188.97
64 Utilities 375.02 1 564.23 26 600.00 160.72 670.39 11 400.00 - - - 38 000.00 35 765.38
65 Professional Develo ment 468.66 11 704.20 40 600.00 200.85 5 016.09 17 400.00 - - - 58 000.00 41 279.71
Pro ram: 2200 - Public Affairs Total: 75 860.20 445 154.28 1 141 700.00 32 377.97 196 332.03 489 300.00 - - - 1 631 000.00 989 513.69 - - - - - -Pro ram: 2300 - Conservation - - - - - -
51 Labor 9 200.00 55 185.06 126 000.00 - - - - - - 126 000.00 70 814.94
52 Tem orar Labor - - - - - - - - - - -
53 Overtime - 1 811.25 7 000.00 - - - - - - 7 000.00 5 188.75
56 Benefits 3 194.49 20 808.25 45 000.00 - - - - - - 45 000.00 24 191.75
62 Materials and Su lies 31.00 19 306.01 57 000.00 - - - - - - 57 000.00 37 693.99
63 Contract Services 3 600.94 65 018.59 307 000.00 - - - - - - 307 000.00 241 981.41
64 Utilities 76.74 7 726.12 16 000.00 - - - - - - 16 000.00 8 273.88
65 Professional Develo ment 141.58 1 823.09 15 000.00 - - - - - - 15 000.00 13 176.91
67 Other 11 479.73 34 737.23 85 000.00 - - - - - - 85 000.00 50 262.77
Pro ram: 2300 - Conservation Total: 27 379.32 206 415.60 658 000.00 - - - - - - 658 000.00 451 584.40
Pro ram: 3000 - Finance & Accountin - - - - - -
51 Labor 44 393.59 264 980.38 613 900.00 19 025.83 114 691.71 263 100.00 - - - 877 000.00 497 327.91
52 Tem orar Labor - - - - - - - - - - -
53 Overtime 932.15 8 368.04 9 100.00 399.50 3 586.31 3 900.00 - - - 13 000.00 1 045.65
56 Benefits 13 887.80 182 921.80 301 000.00 5 944.23 90 898.67 129 000.00 - - - 430 000.00 156 179.53
62 Materials and Su lies 527.97 2 650.33 4 900.00 226.28 1 135.84 2 100.00 - - - 7 000.00 3 213.83
63 Contract Services 2 692.68 59 677.40 157 500.00 896.21 24 027.38 67 500.00 - - - 225 000.00 141 295.22
64 Utilities 267.36 644.63 2 800.00 114.58 276.25 1 200.00 - - - 4 000.00 3 079.12
65 Professional Develo ment 795.92 12 523.43 24 500.00 341.11 5 367.19 10 500.00 - - - 35 000.00 17 109.38
67 Other 202.14 202.14 - - - - - - - - 202.14
Pro ram: 3000 - Finance & Accountin Total: 63 699.61 531 968.15 1 113 700.00 26 947.74 239 983.35 477 300.00 - - - 1 591 000.00 819 048.50 - - - - - -
Month Ended December 31, 2025
Unaudited
Pro ram Ex ense Detail Bud et-to-Actual
WATER WASTEWATER DISTRICT WIDERECLAMATION
Page 4 of 6
ADOPTED ADOPTED ADOPTED ADOPTED REMAINING
MTD YTD BUDGET MTD YTD BUDGET MTD YTD BUDGET TOTAL BUDGET BUDGET
Month Ended December 31, 2025
Unaudited
Pro ram Ex ense Detail Bud et-to-Actual
WATER WASTEWATER DISTRICT WIDERECLAMATION
Pro ram: 3200 - Information Technolo - - - - - -
51 Labor 28 302.40 162 161.83 392 000.00 12 129.60 70 883.38 168 000.00 - - - 560 000.00 326 954.79
52 Tem orar Labor - - - - - - - - - - -
53 Overtime - - - - - - - - - - -
56 Benefits 9 877.07 164 535.28 247 100.00 4 232.92 70 704.22 105 900.00 - - - 353 000.00 117 760.50
62 Materials and Su lies 7 714.49 37 090.99 56 700.00 3 306.21 15 896.13 24 300.00 - - - 81 000.00 28 012.88
63 Contract Services 58 914.83 293 657.12 668 500.00 25 249.26 125 853.07 286 500.00 - - - 955 000.00 535 489.81
64 Utilities 2 012.81 7 726.89 8 400.00 862.63 3 311.52 3 600.00 - - - 12 000.00 961.59
65 Professional Develo ment - 2 146.32 11 900.00 - 919.86 5 100.00 - - - 17 000.00 13 933.82
Pro ram: 3200 - Information Technolo Total: 106 821.60 667 318.43 1 384 600.00 45 780.62 287 568.18 593 400.00 - - - 1 978 000.00 1 023 113.39 - - - - - -Pro ram: 3300 - Customer Service - - - - - -
51 Labor 31 369.07 207 715.65 506 100.00 13 443.89 89 021.01 216 900.00 - - - 723 000.00 426 263.34
52 Tem orar Labor - - - - - - - - - - -
53 Overtime 771.02 4 002.52 7 700.00 330.44 1 715.40 3 300.00 - - - 11 000.00 5 282.08
56 Benefits 11 404.92 153 352.67 244 300.00 4 887.40 65 720.99 104 700.00 - - - 349 000.00 129 926.34
62 Materials and Su lies 98.07 876.60 4 900.00 42.02 375.68 2 100.00 - - - 7 000.00 5 747.72
63 Contract Services 42 553.00 331 421.80 737 800.00 18 237.03 142 038.02 316 200.00 - - - 1 054 000.00 580 540.18
64 Utilities 13 891.60 66 914.74 149 800.00 5 177.72 26 041.85 64 200.00 - - - 214 000.00 121 043.41
65 Professional Develo ment 900.90 2 184.64 11 200.00 386.10 936.27 4 800.00 - - - 16 000.00 12 879.09
67 Other 7.22 209.68 4 200.00 - - 1 800.00 - - - 6 000.00 5 790.32
Pro ram: 3300 - Customer Service Total: 100 995.80 766 678.30 1 666 000.00 42 504.60 325 849.22 714 000.00 - - - 2 380 000.00 1 287 472.48 - - - - - -Pro ram: 3400 - Meter Services - - - - - -
51 Labor 13 811.60 81 711.07 186 000.00 - - - - - - 186 000.00 104 288.93
53 Overtime 603.92 4 990.25 6 000.00 - - - - - - 6 000.00 1 009.75
56 Benefits 5 838.75 66 585.41 109 000.00 - - - - - - 109 000.00 42 414.59
62 Materials and Su lies - 34.80 4 000.00 - - - - - - 4 000.00 3 965.20
63 Contract Services 170.90 1 840.36 8 000.00 - - - - - - 8 000.00 6 159.64
64 Utilities 190.77 648.26 2 000.00 - - - - - - 2 000.00 1 351.74
65 Professional Develo ment - - - - - - - - - - -
Pro ram: 3400 - Meter Services Total: 20 615.94 155 810.15 315 000.00 - - - - - - 315 000.00 159 189.85 - - - - - -Pro ram: 4000 - En ineerin - - - - - -
51 Labor 23 442.72 172 498.81 474 600.00 10 046.88 80 227.61 203 400.00 - - - 678 000.00 425 273.58
52 Tem orar Labor - - - - - - - - - - -
53 Overtime - - - - - - - - - - -
56 Benefits 4 907.07 48 214.59 112 700.00 2 102.97 20 663.01 48 300.00 - - - 161 000.00 92 122.40
62 Materials and Su lies 113.69 417.18 4 200.00 48.73 178.80 1 800.00 - - - 6 000.00 5 404.02
63 Contract Services 17 141.18 55 054.26 436 800.00 1 369.57 11 449.34 187 200.00 - - - 624 000.00 557 496.40
64 Utilities 4 009.97 49 679.00 68 600.00 80.63 320.06 29 400.00 - - - 98 000.00 48 000.94
65 Professional Develo ment 175.00 2 831.25 9 100.00 75.00 1 200.54 3 900.00 - - - 13 000.00 8 968.21
Pro ram: 4000 - En ineerin Total: 49 789.63 328 695.09 1 106 000.00 13 723.78 114 039.36 474 000.00 - - - 1 580 000.00 1 137 265.55 - - - - - -Pro ram: 5000 - Water Production - - - - - -
51 Labor 66 762.37 403 552.23 920 000.00 - - - - - - 920 000.00 516 447.77
53 Overtime 7 222.93 39 287.66 89 000.00 - - - - - - 89 000.00 49 712.34
54 Standb 4 044.58 21 633.57 47 000.00 - - - - - - 47 000.00 25 366.43
56 Benefits 21 353.32 276 939.36 419 000.00 - - - - - - 419 000.00 142 060.64
61 Water Su l 127 444.12 564 044.12 823 000.00 - - - - - - 823 000.00 258 955.88
62 Materials and Su lies 11 816.85 143 703.39 288 000.00 - - - - - - 288 000.00 144 296.61
63 Contract Services 4 499.13 38 170.84 511 000.00 - - - - - - 511 000.00 472 829.16
64 Utilities 99 039.14 1 339 405.57 3 099 000.00 - - - - - - 3 099 000.00 1 759 594.43
65 Professional Develo ment 498.49 4 525.00 11 000.00 - - - - - - 11 000.00 6 475.00
Pro ram: 5000 - Water Production Total: 342 680.93 2 831 261.74 6 207 000.00 - - - - - - 6 207 000.00 3 375 738.26 - - - - - -Pro ram: 5100 - Water Treatment - - - - - -
51 Labor 22 761.80 136 468.62 312 000.00 - - - - - - 312 000.00 175 531.38
53 Overtime 3 159.23 11 810.53 39 000.00 - - - - - - 39 000.00 27 189.47
56 Benefits 6 722.53 139 852.58 192 000.00 - - - - - - 192 000.00 52 147.42
62 Materials and Su lies 11 516.12 192 450.45 285 000.00 - - - - - - 285 000.00 92 549.55
63 Contract Services 80 875.46 267 441.13 664 000.00 - - - - - - 664 000.00 396 558.87
64 Utilities 11 247.05 149 556.34 243 000.00 - - - - - - 243 000.00 93 443.66
Pro ram: 5100 - Water Treatment Total: 136 282.19 897 579.65 1 735 000.00 - - - - - - 1 735 000.00 837 420.35 - - - - - -Pro ram: 5200 - Water ualit - - - - - -
51 Labor 21 422.42 128 477.05 267 000.00 - - - - - - 267 000.00 138 522.95
53 Overtime 411.12 3 609.42 12 000.00 - - - - - - 12 000.00 8 390.58
56 Benefits 7 060.15 95 117.47 131 000.00 - - - - - - 131 000.00 35 882.53
62 Materials and Su lies 4 793.90 12 567.94 29 000.00 - - - - - - 29 000.00 16 432.06
63 Contract Services 9 760.60 54 691.52 159 000.00 - - - - - - 159 000.00 104 308.48
64 Utilities - 86.58 2 000.00 - - - - - - 2 000.00 1 913.42
65 Professional Develo ment 250.00 1 350.09 7 000.00 - - - - - - 7 000.00 5 649.91
Pro ram: 5200 - Water ualit Total: 43 698.19 295 900.07 607 000.00 - - - - - - 607 000.00 311 099.93 - - - - - -
Page 5 of 6
ADOPTED ADOPTED ADOPTED ADOPTED REMAINING
MTD YTD BUDGET MTD YTD BUDGET MTD YTD BUDGET TOTAL BUDGET BUDGET
Month Ended December 31, 2025
Unaudited
Pro ram Ex ense Detail Bud et-to-Actual
WATER WASTEWATER DISTRICT WIDERECLAMATION
Pro ram: 6000 - Maintenance Administration - - - - - -
51 Labor 15 933.50 95 054.00 212 400.00 1 799.51 10 576.67 23 600.00 - - - 236 000.00 130 369.33
52 Tem orar Labor - - - - - - - - - - -
53 Overtime 85.82 2 275.39 1 800.00 9.54 252.83 200.00 - - - 2 000.00 528.22
54 Standb 4 243.79 20 668.13 49 500.00 414.93 2 239.89 5 500.00 - - - 55 000.00 32 091.98
56 Benefits 6 487.16 80 620.44 117 900.00 720.69 8 957.12 13 100.00 - - - 131 000.00 41 422.44
62 Materials and Su lies 96.98 96.98 2 700.00 - - 300.00 - - - 3 000.00 2 903.02
63 Contract Services 85.75 546.21 1 800.00 9.55 60.74 200.00 - - - 2 000.00 1 393.05
64 Utilities 10 712.88 23 317.65 36 900.00 - 1 400.54 4 100.00 - - - 41 000.00 16 281.81
65 Professional Develo ment 1 686.86 4 999.21 20 700.00 36.50 843.73 2 300.00 - - - 23 000.00 17 157.06
67 Other - - - - -
Pro ram: 6000 - Maintenance Administration Total: 39 332.74 227 578.01 443 700.00 2 990.72 24 331.52 49 300.00 - - - 493 000.00 241 090.47 - - - - - -Pro ram: 6100 - Water Maintenance - - - - - -
51 Labor 100 829.46 525 936.35 1 292 000.00 - - - - - - 1 292 000.00 766 063.65
53 Overtime 20 614.67 217 737.23 430 000.00 - - - - - - 430 000.00 212 262.77
56 Benefits 37 957.64 382 882.42 623 000.00 - - - - - - 623 000.00 240 117.58
62 Materials and Su lies 61 367.47 320 426.58 947 000.00 - - - - - - 947 000.00 626 573.42
63 Contract Services 32 578.63 376 021.40 632 000.00 - - - - - - 632 000.00 255 978.60
64 Utilities - - - - - - - - - - -
Pro ram: 6100 - Water Maintenance Total: 253 347.87 1 823 003.98 3 924 000.00 - - - - - - 3 924 000.00 2 100 996.02 - - - - - -Pro ram: 6200 - Wastewater Collection - - - - - -
51 Labor - - - 25 346.04 150 178.49 411 000.00 - - - 411 000.00 260 821.51
53 Overtime - - - 368.93 4 648.70 11 000.00 - - - 11 000.00 6 351.30
56 Benefits - - - 7 442.83 90 115.56 187 000.00 - - - 187 000.00 96 884.44
62 Materials and Su lies - - - - 325.92 38 000.00 - - - 38 000.00 37 674.08
63 Contract Services - - - 28 653.88 203 916.01 343 000.00 - - - 343 000.00 139 083.99
64 Utilities - - - - - - - - - - -
65 Professional Develo ment - - - - 425.00 - - - - - 425.00
Pro ram: 6200 - Wastewater Collection Total: - - - 61 811.68 449 609.68 990 000.00 - - - 990 000.00 540 390.32 - - - - - -Pro ram: 6300 - Water Reclamation - - - - - -
51 Labor - - - - - - 88 528.63 518 217.95 1 301 000.00 1 301 000.00 782 782.05
52 Tem orar Labor - - - - - - 13 682.20 79 075.60 - - 79 075.60
53 Overtime - - - - - - 25 585.44 137 390.49 280 000.00 280 000.00 142 609.51
54 Standb - - - - - - 4 577.91 26 056.24 65 000.00 65 000.00 38 943.76
56 Benefits - - - - - - 31 592.32 384 460.37 608 000.00 608 000.00 223 539.63
62 Materials and Su lies - - - - - - 92 697.99 455 699.55 2 008 000.00 2 008 000.00 1 552 300.45
63 Contract Services - - - - - - 408 619.41 1 970 193.24 4 344 000.00 4 344 000.00 2 373 806.76
64 Utilities - - - - - - 341 954.95 1 461 455.81 1 894 000.00 1 894 000.00 432 544.19
65 Professional Develo ment - - - - - - 400.63 8 469.17 12 000.00 12 000.00 3 530.83
Pro ram: 6300 - Water Reclamation Total: - - - - - - 1 007 639.48 5 041 018.42 10 512 000.00 10 512 000.00 5 470 981.58 - - - - - -Pro ram: 7000 - Facilities Maintenance - - - - - -
51 Labor 12 670.41 74 634.69 217 000.00 5 426.59 31 977.19 93 000.00 113.88 - - 310 000.00 203 388.12
53 Overtime 778.36 4 777.41 9 800.00 333.58 2 047.45 4 200.00 - - - 14 000.00 7 175.14
56 Benefits 4 819.09 64 003.26 120 400.00 2 064.74 27 568.73 51 600.00 12.60 - - 172 000.00 80 428.01
62 Materials and Su lies 6 405.35 35 431.67 66 500.00 2 745.13 14 666.71 28 500.00 - - - 95 000.00 44 901.62
63 Contract Services 68 230.71 622 192.77 893 900.00 26 309.63 236 309.31 383 100.00 - - - 1 277 000.00 418 497.92
64 Utilities 23 712.58 128 733.08 275 100.00 7 558.09 42 483.31 117 900.00 - - - 393 000.00 221 783.61
65 Professional Develo ment - 254.25 2 100.00 - 108.97 900.00 - - - 3 000.00 2 636.78
Pro ram: 7000 - Facilities Maintenance Total: 116 616.50 930 027.13 1 584 800.00 44 437.76 355 161.67 679 200.00 126.48 - - 2 264 000.00 978 811.20
- - -
Pro ram: 7100 - Fleet Maintenance - - - - - -
51 Labor 5 782.56 34 681.71 79 800.00 2 478.24 14 863.59 34 200.00 - - - 114 000.00 64 454.70
53 Overtime 704.76 3 198.51 2 100.00 302.03 1 370.77 900.00 - - - 3 000.00 1 569.28
56 Benefits 2 138.71 13 908.84 30 100.00 916.56 5 820.93 12 900.00 - - - 43 000.00 23 270.23
62 Materials and Su lies 16 617.26 68 032.51 126 000.00 7 121.70 29 152.35 54 000.00 - - - 180 000.00 82 815.14
63 Contract Services 17 439.49 97 294.69 214 200.00 7 474.11 41 697.84 91 800.00 - - - 306 000.00 167 007.47
64 Utilities 9 662.10 80 826.50 196 700.00 4 140.89 34 614.20 84 300.00 - - - 281 000.00 165 559.30
65 Professional Develo ment - 210.25 2 800.00 - 47.68 1 200.00 - - - 4 000.00 3 742.07
Pro ram: 7100 - Fleet Maintenance Total: 52 344.88 298 153.01 651 700.00 22 433.53 127 567.36 279 300.00 - - - 931 000.00 505 279.63
- - -
Pro ram: 8000 - Ca ital - - - - -
11 Ca ital Assets not bein De reciated - - - - - - - - - - -
71 Debt Service - Princi al 775 000.00 775 000.00 1 518 000.00 175 000.00 175 000.00 385 000.00 4 578 574.12 4 578 574.12 4 527 000.00 6 430 000.00 901 425.88
75 Debt Service - Interest - - 747 000.00 - - 95 000.00 3 088 598.24 3 088 958.24 3 204 000.00 4 046 000.00 957 041.76
81 Ca ital Im rovement 242 306.77 446 736.03 4 841 000.00 - - - - - - 4 841 000.00 4 394 263.97
82 Ca ital Outla 41 479.89 248 352.67 1 547 500.00 17 777.10 33 001.69 122 500.00 - - - 1 670 000.00 1 388 645.64
83 ccountin Income Add bac 1 017 306.77 1 221 736.03 - 175 000.00 175 000.00 - 4 578 574.12 4 578 574.12 - - 5 975 310.15
88 Transfer to Reserves - - 2 736 000.00 - - 175 000.00 - - 26 000.00 2 937 000.00 2 937 000.00
99 Transfer from Reserves - - 6 388 500.00 - - 122 500.00 - - - 6 511 000.00 6 511 000.00
Pro ram: 8000 - Ca ital Total: 41 479.89 248 352.67 5 001 000.00 17 777.10 33 001.69 655 000.00 3 088 598.24 3 088 958.24 7 757 000.00 13 413 000.00 10 042 687.40
Total Surplus (Deficit): 702,447.92$ 7,049,755.23$ -$ 198,248.25$ 770,441.75$ -$ 21,186,876.05$ 24,987,036.20$ -$ -$ (32,807,233.18)$
Page 6 of 6
Agenda Item
#3a
February 25, 20261
Meeting Date: February 25, 2026
Agenda Item #3a
Informational Item
Regular Board Meeting
TO: Governing Board Members
FROM: General Manager/CEO
SUBJECT: Supervisory Control and Data Acquisition (SCADA) Resiliency Update
RECOMMENDATION
This agenda item is for informational purposes only, no action required.
DISTRICT PILLARS AND STRATEGIES
I - Effective Solutions
d. Utilize Current Technology and Invest in Future Solutions
III - Organizational Resiliency
a. Advance Emergency Preparedness Efforts
IV - Planning, Maintenance, and Preservation of District Resources
b. Dedicate Efforts Toward System Maintenance and Modernization
FISCAL IMPACT
There is no fiscal impact associated with this agenda item.
Recommended by:
________________
Michael Moore
General Manager/CEO
Respectfully submitted:
________________
Ryan Ritualo
Information Technology Manager
ATTACHMENTS
SCADA Update Presentation
SCADA RESILIENCY
Ryan Ritualo, Information Technology Manager
February 25, 2026
DELIVERING SCADA RESILIENCY
2
•Water supply availability and
redundancy (Groundwater,
Surface Water, State Water
Project)
•Redundant power at 35 sites
(Back-up Generators)
•Industrial automation – SCADA
Resiliency through redundant
communication and disaster
recovery
TRADITIONAL RADIO NETWORK
3
4
COMMUNICATION POINTS OF FAILURE
•Communication failure
between sites (e.g. Plant
141)
•Limited redundancy
•Communication failure
prevents automation
•Limited line of sight
•Radio failures – 1 site per
day
5
SCADA ENHANCED COMMUNICATION AND SECURITY
•Cellular gateways &
Next-Gen firewalls
•Redundancy through
dual cell providers
•SCADA Network -
Enterprise Fiber Plan
•Priority Public Safety
network
SCADA RESILIENT NETWORK
6
POWER CONSTRAINTS
7
•Public Safety Power Shutoff
•Loss of power prevents SCADA
automation and communication
•Emergency Preparedness
SCADA BACKUP POWER AND SOLUTION
8
•Plant 33, Plant 37, Plant 108,
Plant 39
•Ameresco 1600W – 24VDC
Solar panel kit
•24VDC UPS to prevent power
failures
•(10) 8G8D batteries
•5 Hours per day for full charge
48-72 hours of battery power
9
SCADA RESILIENCY NEXT STEPS – SNRC PLANT
•Server Hardware Refresh
•Primary server –
Operations
•Redundant server –
Administration
•SCADA PLC Refresh – as
needed
•Continue SCADA
application enhancements
DISCUSSION
Agenda Item
#4a
February 25, 20261
Meeting Date: February 25, 2026
Agenda Item #4a
Discussion Item
Regular Board Meeting
TO: Governing Board Members
FROM: General Manager/CEO
SUBJECT: Consider Approval of Construction Contract Amendment with Nor-Cal Pump & Well
Drilling, Inc. for Additional Drilling Construction for Well No. 129
RECOMMENDATION
That the Board of Directors authorize the General Manager/CEO to execute Amendment No. 1
in the amount of $143,676.18 to the construction agreement with Nor-Cal Pump & Well Drilling,
Inc. for a total contract not to exceed $1,133,252.18 plus 10% contingency.
BACKGROUND / ANALYSIS
The District’s consultant, Water Systems Consulting (WSC), prepared a construction bid package
for the drilling, construction, and testing a new ground water well at the District’s Plant No. 129
in 2024. The lowest responsive bidder was Nor-Cal Pump & Well Drilling, Inc. (Nor-Cal) and a
contract was executed.
The drilling rate of a well is reduced when rock and cobble are encountered. Since the amount
of rock and cobble to be drilled at a particular well site cannot be accurately predicted, an
additive bid item (item 28A) was included in the bid package as an allowance for harsh drilling
conditions, called a rock clause. Drilling conditions are considered to be harsh when the drilling
rate is less than five feet per hour. Nor-Cal encountered rock and cobble throughout the drilling
process, leading to more hours being spent than was included in item 28A.
Nor-Cal provided a drilling rate table containing the dates, times, and drilling rates for
review. Twenty-Four hours while drilling the conductor casing and one-hundred twenty hours
during pilot borehole and borehole reaming were applicable for the rock clause. Per the
approved bid, and item 28A, the unit rate is $999 per hour.
District staff requested WSC to compare their inspection field notes to Nor-Cal’s table. WSC
confirmed that the hours spent were reasonable. To allow the drilling contractor to be paid for
the additional time associated with drilling through the large amount of rock and cobble, staff is
recommending an amendment to the construction agreement for $143,676.18.
DISTRICT PILLARS AND STRATEGIES
IV - Planning, Maintenance, and Preservation of District Resources
a. Develop Projects and Programs to Ensure Safe, Reliable, and Resilient Service
Agenda Item
#4a
February 25, 20262
Meeting Date: February 25, 2026
Agenda Item #4a
Discussion Item
c. Utilize a Comprehensive Asset Management Approach
REVIEW BY OTHERS
This agenda item has been reviewed by the Engineering Department.
FISCAL IMPACT
The proposed contract amendment in the amount of $143,676.18 will increase the total
contract to $1,133,252.18 plus 10% contingency. The additional construction cost will be
funded by Capacity Fees that are included in the current year budget.
Recommended by:
________________
Michael Moore
General Manager/CEO
Respectfully submitted:
________________
Nathan Carlson
Senior Engineer
ATTACHMENTS
Agreement No. 2024.16
Agenda Item
#4b
February 25, 20261
Meeting Date: February 25, 2026
Agenda Item #4b
Discussion Item
2
6
4
2
Regular Board Meeting
TO: Governing Board Members
FROM: General Manager/CEO
SUBJECT: Consider Approval of Fiscal Year 2025-26 Mid-Year Budget Revisions
RECOMMENDATION
That the Board of Directors approve amendments to the FY 2025-26 Operating Budget. Also,
that the Board approve amendments to the FY 2025-26 Capital Budget, decreasing capital
expenditures funded by Replacement reserves by $676,000 and decreasing expenditures funded
by grants by $4,510,000.
BACKGROUND / ANALYSIS
Each year, staff provides a mid-year budget update to the Board, usually including
recommendations for revisions to the adopted annual budget so that revenues and expenses
remain closely aligned through the end of the fiscal year. This budget review accounts for actual
versus budgeted revenues and expenses between July 1, 2025, and December 31, 2025.
Realigning budgeted and actual expenditures allows management and staff to reset
expectations regarding the availability of funds to achieve program objectives and complete
projects throughout the remainder of the fiscal year.
The District’s budget includes three separate funds: 1) Water, 2) Wastewater Collection, and 3)
Reclamation. Each fund has its own independent revenue and expenses that are balanced each
year. The mid-year budget identifies proposed changes to each of the three funds. This staff
report will describe changes in the mid-year budget by fund.
The mid-year budget proposes a net increase to projected revenue of $23,114,000 or 41%
above the budget. The increase is primarily due to an extraordinary, direct-pay tax credit from
the Internal Revenue Service (IRS). The payment also included interest earned from the time
of filing the return and receiving the credit from the IRS. The one-time revenue from the tax
credit will be used to pay down debt and fund reserves in the Water Reclamation Fund. All
reserve accounts in the Reclamation fund are now fully funded with this mid-year budget.
Capital expenditures are funded by reserves and outside sources. One capital improvement
project was planned to be funded by a combination of grants and District reserves.
Expenditures out of reserves are proposed to decrease by $676,000, and the expenditure of
grant funds totaling $4,510,000 has been deferred until the grantor agency completes the
District’s grant award.
Overall operating expenditures are adjusted by $531,000 or 1% of the original budget. The
Agenda Item
#4b
February 25, 20262
Meeting Date: February 25, 2026
Agenda Item #4b
Discussion Item
2
6
4
2
minor change is due to the need to purchase more imported water instead of from the less
expensive Santa Ana River supplies. Operating expenses have been tracking very close to the
original budget; however, there are some adjustments within funds to balance budgets.
The proposed mid-year budget adjustments are included in the accompanying schedules. Below
is a description of the proposed mid-year budget adjustments by fund.
Water Fund
Revenue from Potable Water Sales was $68,401, or 0.6%, below projection through December,
with year-to-date Water Sales of $11,218,599. Sales were under projection four of six months
leading up to mid-year. High amounts of rain were the primary factor as 12.5” of rain was
recorded by the District’s weather station between July and December 2025, compared to 4.6”
during the first half of the previous fiscal year. In addition, the average high temperature for
July through September in 2025 was almost 4° cooler than the average of the same months in
2024.
Multi-Family and Irrigation Water Sales fell short of their respective projections by a combined
$467,832, but construction Water Sales of $382,763 above budget offset low sales. No
adjustment to Water Sales is proposed.
Revenue for fixed Meter Charges of $5,669,076 exceeded budget by approximately $125,000,
or 2%, through December. As these are fixed charges and the surplus will likely increase
throughout the remainder of the fiscal year, the budget is proposed to increase Meter Charge
revenue by $100,000 at mid-year.
Other Operating Revenue exceeded projections by $2,600,000 during the first half of the year.
Most of the increase is from construction related Capacity Fees, which are restricted as to their
use and are therefore not available for operating expenses, so no budget adjustment can be
proposed regarding Other Operating Revenue. Non-Operating revenue, composed primarily of
Investment Income, is also above projections at mid-year because interest rates have not been
cut as quickly as staff anticipated. Therefore, the mid-year budget proposes to increase the
budget for Interest Revenue by $125,000.
Agenda Item
#4b
February 25, 20263
Meeting Date: February 25, 2026
Agenda Item #4b
Discussion Item
2
6
4
2
A
B
P
R
R
B
R 3$2$3$
O 2 6 2
D 2 (1
C ---
T 2 1 2
T 3$2$3$
N -$-$-$
The adopted budget for the Water Fund included Operating expenses totaling $26,514,000.
Minor budget line-item adjustments are proposed across the water operating budget. Most of
the water operating cost increase is for $604,000 in additional imported water purchases, which
was approved by the Board on January 14, 2026. This change is reflected in the mid-year
reconciliation. All proposed adjustments to the water operating expenses at mid-year total
$605,200.
The 2025-26 budget for water debt service included a $490,000 allocation of the settlement
payment to the City of San Barnardino each May through 2033. However, the Reclamation Fund
will now make that debt payment, as discussed in the Reclamation section of this report, so
staff is proposing to transfer the obligation to make Settlement payments from the Water Fund
to the Reclamation Fund, and reduce the Water Fund’s debt service obligation by $490,000 at
mid-year.
Net revenues of $2,840,000 shown in the original 2025-26 budget were to be transferred to the
Water Replacement Reserve, which is funding water capital projects not covered by Grants or
Capacity Fees. After the proposed mid-year adjustments to operating revenue and expenses,
staff projects that an additional $109,800 will be available, for a total transfer of $2,845,800 for
fiscal year 2025-26.
Wastewater Fund
The District budget for Wastewater Collection rate revenue (System Charges) is $6,870,000 for
fiscal year 2025-26, and at mid-year, actual System Charges are just $3,400, or 0.09%, below
projection. With such a low variance, no changes are proposed to the Collection System
revenue budget.
The Wastewater Fund also includes Other Operating Revenue and Investment Income. Other
Operating Revenues are primarily Capacity Fees, which are restricted for capital projects and
therefore not budgeted. However, Investment Income was budgeted at $100,000 and had
actual revenue of $156,200 at mid-year. Accordingly, staff is proposing an increase to the
budget for Investment Income of $120,000 at mid-year, increasing total projected Investment
Agenda Item
#4b
February 25, 20264
Meeting Date: February 25, 2026
Agenda Item #4b
Discussion Item
2
6
4
2
Income to $220,000.
A
B
P
R
R
B
R 7$1$7$
O 6 (6
D 4 (2
T 1 3 5
T 7$1$7$
N -$-$-$
The Wastewater Fund’s adopted budget includes total operating expenses of $6,450,000.
Program managers have identified several areas for savings and cost reductions. The overall
effect on operating expenses is a net decrease of $43,200.
Similar to the Water Fund, the 2025-26 budget for wastewater debt service included a $210,000
allocation of the settlement payment to the City of San Bernardino. This debt service payment is
proposed to be from the Wastewater Fund to the Reclamation Fund, reducing the Wastewater
Fund’s debt service obligation by $210,000 at mid-year.
Net revenues of $175,000 shown in the original 2025-26 budget were to be transferred to the
Wastewater Replacement Reserve for funding of future wastewater capital projects not covered
by Grants or Capacity Fees. Reductions to wastewater operating expenses and debt service will
result in an increase of $373,200 to the Wastewater Fund Reserves for fiscal year 2025-26.
Reclamation Fund
The District’s Reclamation Fund relies on both Wastewater Treatment rate revenue, received
from customers, and Non-Rate revenue received from outside third parties. Also this year, a
one-time cash credit from the IRS recognized the District’s efforts to generate and use clean
energy.
Rate revenues were budgeted $13,820,000 for fiscal year 2025-26, and these rates are
substantially all based on fixed monthly charges. Actual Treatment revenue for the year is
estimated to be approximately $13,835,000, only 0.05% above projection. The proposed
increase of Treatment revenue at mid-year is $15,000.
Non-Rate revenues include Local Resource Investment Program (LRIP), recycled Water Sales,
and Food Waste Delivery Tipping Fees.
LRIP revenue is received for recycled water being delivered to the Weaver Basins. Over one
billion gallons of recycled water have been delivered for recharge as of December 31, 2025, for
earned revenues of $618,464. This amount is 3% above the projected mid-year revenue of
Agenda Item
#4b
February 25, 20265
Meeting Date: February 25, 2026
Agenda Item #4b
Discussion Item
2
6
4
2
$600,000, so staff is proposing a mid-year increase in projected revenue of $37,000.
The other Non-Rate revenue is Food Waste Tipping Fees. Collection of these fees is reliant on
the ability of the digesters to effectively generate power, which was not the case during the first
three months of the year. As a result, Tipping Fees through mid-year were only at $208,244,
well below the annual projection of $1,104,000. The digesters have been performing better as
the second half of the year begins, and the deliveries of food waste have risen consistently,
reaching 22 truckloads per day by the end of January. As a result, a proposed decreased
revenue of $594,000 is proposed for these fees.
Overall, the combined increase of LRIP revenue projection of $37,000, and a $594,000 decrease
to Tipping Fee revenue projections by $594,000 nets a total decrease to Non-Rate revenue
projections of $557,000 for the fiscal year.
Next, under the category of energy incentives, the original 2025-26 budget included $1,850,000
in revenue from Edison’s Self-Generation Incentive Program (SGIP). The District still expects to
receive the SGIP payment, but as discussions with Edison progress during the year, the amount
of the payment is anticipated to be lowered to $1,500,000. An incentive that was not budgeted
is the IRS tax credit payment of $22,406,000 for the District’s clean energy facilities. The credit
was received at the end of December, in the form of a direct payment, including $1,445,422
identified as interest. As a result of lowering the expected SGIP payment by $350,000, and
recognizing receipt of the tax credit for $22,400,00, projected receipts for energy incentives has
been increased by a net $22,056,000.
Investment Income was originally budgeted for $200,000, but an increase at mid-year of
$1,600,000 is proposed, for two reasons: 1) the interest received with the tax credit from the
IRS as mentioned above, and 2) higher than expected interest rates paid on District
investments through the end of the year.
A
B
P
R
R
B
T 1
N 1
E 2
O 9
I 1
1$2$4$
O 1 (1
D 7 6 8
T 2 2 2
T 1$2$4$
Agenda Item
#4b
February 25, 20266
Meeting Date: February 25, 2026
Agenda Item #4b
Discussion Item
2
6
4
2
Operating expenses for the Reclamation Fund had an original budget of $10,512,000 for 2025-
26, the second full year of operations for the Sterling Natural Resource Center (SNRC). At mid-
year, two significant operating expense adjustments for the Reclamation Fund include:
•Utilities - Electrical power costs for SNRC operations were expected to continue declining
as the digesters ramped up production of self-generated power and reduce Southern
California Edison bills to $130,000 per month. This appears to have been achieved in
January 2026, though much later in the fiscal year than anticipated due to the problems
encountered with the digester facilities at the beginning of the year (explained with
Tipping Fees above). As a result, power costs are proposed to increase by $618,000.
•Chemicals - Staff purchased chemicals from suppliers instead of through the contract
operator. In doing so, the District is avoiding a 15% management fee charged by the
contract operator and has found better pricing working directly with vendors. Due to
these efforts, chemical costs are proposed to decrease by $727,000.
These two adjustments, along with minor adjustments to other cost categories, result in a net
proposed decrease in total reclamation operating expenses of $31,000.
The original budget for Reclamation debt service was $7,731,000 for fiscal year 2025-26.
However, this amount had to be estimated by staff as the final debt schedules had not been
received from the State at the time the budget numbers had to be finalized. The final schedules
showed that annual debt service will actually be $7,670,000, a decrease of $61,000. In addition,
the $700,000 JPA settlement payment to the City of San Bernardino has been transferred to
Reclamation from the Water and Wastewater Funds for a net proposed increase in Reclamation
Debt Service of $639,000.
Net revenues of $26,000 shown in the original 2025-26 budget were to be transferred to the
Reclamation Replacement Reserve for funding of future reclamation capital expenditures not
covered by Grants or Capacity Fees. As shown in the table above, increased revenue projections
and adjustments to reclamation operating expenses and Debt Service will result in the addition
of approximately $22,506,000 to Reclamation Fund Reserves for fiscal year 2025-26. Staff
proposes to use this amount to establish or replenish Operating, Replacement, and Debt Service
Reserves in the Reclamation Fund.
Agenda Item
#4b
February 25, 20267
Meeting Date: February 25, 2026
Agenda Item #4b
Discussion Item
2
6
4
2
Budget Summary for Water, Wastewater, and Reclamation
Below is a District-Wide summary of the proposed changes to the fiscal year 2025-26 budget:
D
A
A
B
A
B
R
W 1$2$3$2$
M 5 1 1 1
W 3 6 -6
W 7 1 1 1
O 2 4 2 2
T 5$5$2$8$
E
L 7$1$($1$
W 5 8 6 1
P 2 4 6 5
M 1 4 (3
C 8 1 1 1
O 2 5 3 5
T 2$4$5$4$
D 8 1 (1
C
R -2 2 2
T 7 ---
T 3$5$2$8$
Capital Expenditures
Capital expenditures consist of: 1) Capital Outlay and 2) Capital Projects. Over the first half of
the year, staff have presented some new Capital expenditures for Board approval and are
included in the Mid-Year budget. Some budgeted projects have proposed variations due to
changes in the scope of work or contractor bids. These variations in budgeted projects are also
addressed in the mid-year budget.
Capital Outlay
Capital Outlay consists of the purchase of equipment or funding of studies. Budgets for Capital
Outlay purchases are usually estimates at the beginning of the year, and can be adjusted with
approval, to the number of actual quotes received from vendors. Most of the proposed revisions
to Capital Outlay items, as shown on the attached ‘Capital Budget – Mid-Year Adjustments’
schedule, are the result of adjusting the budgets to actual purchase orders. The following
changes are proposed at mid-year:
•Electric Backhoe - This opportunity was approved by the Board on January 28, 2026
and is now being presented as a budget adjustment. The net cost to the District is
Agenda Item
#4b
February 25, 20268
Meeting Date: February 25, 2026
Agenda Item #4b
Discussion Item
2
6
4
2
$108,000 from Replacement Reserves.
•SCADA Radios & Sewer Camera - The original Budget includes $100,000 for cameras
at the SNRC. These cameras are being deferred to next year, so staff proposes to
repurpose these funds, plus an additional $26,000, to add funding for the following
purchases:
o Additional $8,000 for routine hardware replacements.
o Additional $77,000 for solar power backups for SCADA radio replacements.
o Additional $41,000 to purchase an upgraded camera for CCTV video logging of
sewer mains.
Capital Improvement Program (CIP)
The following narratives explain the proposed adjustments shown in the blue shaded area of
the accompanying ‘Capital Budget - Mid-Year Adjustments’ worksheet.
Water Main Replacements - The original budget had a line item for up to $6,400,000 to
commence the replacement of several mains in the Dwight and Sterling area. The funding
included $4,800,000 in grants, and a District match for the remaining $1,600,000. The Bureau
of Reclamations does not anticipate finalizing the grant this year, so staff proposes to repurpose
the $1,600,000 in District match funds to continue with the replacement of several smaller main
projects utilizing District crews and equipment. Staff proposes use of $610,000 to cover the in-
house main replacements and for funding shortfalls on four other capital projects. The
remaining $800,000 can be de-obligated for use in future years. The funds repurposed to other
projects include:
•Plant 134 Membrane Replacement - $93,000
•Plant 140 Tank Rehabilitation - $110,000
•Marshall/Mountain Main Replacements (design only) - $45,000
•Plant 39 Warehouse - $42,000
Plant 134 Pre-treatment Feasibility Study - The project requirements are being
determined by staff. The study will be re-budgeted for $100,000 in fiscal year 2026-27.
The net effect of the proposed adjustments described above will increase the Capital Outlay
budget by $310,000 and decrease Capital Improvement Program budgets by a net $5,600,000,
primarily due to the deferral of the large, grant funded Dwight & Sterling Main Replacement
project. A summary of Capital budget adjustments is on the attached worksheet.
Summary
Staff recommends that the Board approve budget adjustments increasing budgeted revenue by
$23,459,000, increasing operating expenditures by $531,000 and decreasing debt service
Agenda Item
#4b
February 25, 20269
Meeting Date: February 25, 2026
Agenda Item #4b
Discussion Item
2
6
4
2
expenditures by $61,000. These adjustments will increase the amount available to transfer to
reserves by $22,989,000.
Staff also recommends approval of revisions to the capital budget including a decrease in
expenditures out of replacement reserves of $676,000, and a proposed decrease in expenditure
of grant funds by $4,510,000.
DISTRICT PILLARS AND STRATEGIES
II - Sustainability, Transparency, and Accountability
a. Uphold Transparent and Accountable Fiscal and Resource Management
REVIEW BY OTHERS
This agenda item has been reviewed by the Finance Department and Executive Management
team.
FISCAL IMPACT
The proposed mid-year adjustments to the operating budget will increase revenue by $23.5
million, increase expenditures by $0.5 million, and increase contributions to reserves by $23.0
million. Proposed mid-year adjustments to the capital budget will reduce expenditures out of
reserves by $0.7 million.
Recommended by:
________________
Michael Moore
General Manager/CEO
Respectfully submitted:
________________
Brian Tompkins
Chief Financial Officer
ATTACHMENTS
Presentation-FY 2025-26 Mid-Year Review
Budget Reports FY 2025-26 Mid-Year
Capital Expenditures FY 2025-26 Mid-Year
MID-YEAR REVIEW
FY 2025-26
February 25, 2026
Brian Tompkins, Chief Financial Officer
OPERATING BUDGET REVIEW
2
WATER FUND SUMMARY
3
WASTEWATER FUND SUMMARY
4
RECLAMATION FUND SUMMARY
5
PROGRAM SUMMARY
6
FY 2025-26 PROGRAM SUMMARY
7
FY 2025-26 PROGRAM SUMMARY (CONTINUED)
8
CAPITAL BUDGET
9
CAPITAL OUTLAY
10
CIP: PROPOSED REVISIONS
11
CIP: NO PROPOSED REVISIONS
12
STAFFING
•Position Addition
•Supervisory Control and Data
Acquisition (SCADA) Specialist
(Full-Time)
•Position Elimination
•Customer Service Representative
(Part-Time)
BUDGET MODIFICATIONS SUMMARY
•Approve Mid-Year Budget With Total Revenue of $80.3 Mil (+41%) and
Total Operating Expense of $40.0Mil (+1%)
•Transfer $0.7 Million Obligation for City of San Bernardino Settlement
Payment From Water / Wastewater Funds to Reclamation Fund
•Reduce Capital Budget by $5.2 Million Due to Deferral of Grant Funded
Water Main Replacement Project
•Approve Allocation of $21.0 Million From Clean Energy Tax Credit to
Reclamation Reserves
•Includes $10.0 Restricted for Debt Reserve
14
DISCUSSION
ALL FUNDS
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 0000 - Undesignated
41 - Water Sales 11,837,063 20,100,000 37,000 20,137,000
42 - Meter Charges 5,669,076 11,425,000 100,000 11,525,000
43 - Penalties 349,845 580,000 - 580,000
44 - Wastewater System Charges 3,461,802 6,870,000 - 6,870,000
45 - Wastewater Treatment Charges 7,025,364 13,820,000 15,000 13,835,000
46 - Other Operating Revenue 4,663,761 1,144,000 (594,000) 550,000
47 - Non Operating Revenue 24,502,142 2,950,000 23,901,000 26,851,000
48 - Gain or Loss on Disposition - - - -
TOTAL 57,509,053 56,889,000 23,459,000 80,348,000 41.24%
Program: 1000 - Governing Board
51 - Labor 58,971 154,000 (17,000) 137,000
56 - Benefits 54,393 93,000 - 93,000
62 - Materials and Supplies - 3,000 - 3,000
63 - Contract Services 6,390 7,000 1,000 8,000
65 - Professional Development 11,753 25,000 - 25,000
TOTAL 131,507 282,000 (16,000) 266,000 -5.67%
Program: 2000 - General Administration
51 - Labor 309,334 648,000 - 648,000
52 - Temporary Labor 13,390 30,000 (3,000) 27,000
53 - Overtime 2,274 4,000 3,000 7,000
56 - Benefits 169,386 282,000 - 282,000
62 - Materials and Supplies 821 6,000 - 6,000
63 - Contract Services 57,857 246,000 - 246,000
64 - Utilities 1,561 4,000 - 4,000
65 - Professional Development 89,294 144,000 - 144,000
TOTAL 643,917 1,364,000 - 1,364,000 0.00%
Program: 2100 - Human Resources
51 - Labor 156,651 368,000 - 368,000
52 - Temporary Labor - - - -
53 - Overtime 896 3,000 - 3,000
56 - Benefits 162,681 232,000 - 232,000
62 - Materials and Supplies 3,831 9,000 - 9,000
63 - Contract Services 189,227 363,000 15,000 378,000
64 - Utilities 710 2,000 - 2,000
65 - Professional Development 19,667 54,000 (3,000) 51,000
67 - Other 2,257,440 3,003,000 20,000 3,023,000
TOTAL 2,791,103 4,034,000 32,000 4,066,000 0.79%
Program: 2200 - Public Affairs
51 - Labor 247,434 574,000 - 574,000
52 - Temporary Labor - - - -
53 - Overtime 5,491 17,000 - 17,000
56 - Benefits 105,608 169,000 - 169,000
62 - Materials and Supplies 29,187 117,000 - 117,000
63 - Contract Services 234,810 658,000 - 658,000
64 - Utilities 2,234 38,000 - 38,000
65 - Professional Development 16,720 58,000 - 58,000
TOTAL 641,484 1,631,000 - 1,631,000 0.00%
Page 1 of 20
ALL FUNDS
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 2300 - Conservation
51 - Labor 55,186 126,000 - 126,000
52 - Temporary Labor - - - -
53 - Overtime 1,811 7,000 - 7,000
56 - Benefits 20,809 45,000 - 45,000
62 - Materials and Supplies 19,306 57,000 (17,000) 40,000
63 - Contract Services 65,018 307,000 (15,000) 292,000
64 - Utilities 7,726 16,000 - 16,000
65 - Professional Development 1,823 15,000 - 15,000
67 - Other 34,737 85,000 - 85,000
TOTAL 206,416 658,000 (32,000) 626,000 -4.86%
Program: 3000 - Finance & Accounting
51 - Labor 379,672 877,000 - 877,000
52 - Temporary Labor - - - -
53 - Overtime 11,954 13,000 - 13,000
56 - Benefits 273,819 430,000 - 430,000
62 - Materials and Supplies 3,786 7,000 - 7,000
63 - Contract Services 83,704 225,000 - 225,000
64 - Utilities 921 4,000 - 4,000
65 - Professional Development 17,891 35,000 - 35,000
67 - Other 202 - - -
TOTAL 771,949 1,591,000 - 1,591,000 0.00%
Program: 3200 - Information Technology
51 - Labor 233,046 560,000 - 560,000
52 - Temporary Labor - - - -
53 - Overtime - - - -
56 - Benefits 235,241 353,000 - 353,000
62 - Materials and Supplies 52,988 81,000 - 81,000
63 - Contract Services 419,510 955,000 - 955,000
64 - Utilities 11,039 12,000 - 12,000
65 - Professional Development 3,068 17,000 - 17,000
TOTAL 954,892 1,978,000 - 1,978,000 0.00%
Program: 3300 - Customer Service
51 - Labor 296,736 723,000 (63,000) 660,000
52 - Temporary Labor - - - -
53 - Overtime 5,718 11,000 27,000 38,000
56 - Benefits 219,074 349,000 (16,000) 333,000
62 - Materials and Supplies 1,253 7,000 - 7,000
63 - Contract Services 453,500 1,054,000 - 1,054,000
64 - Utilities 75,697 214,000 - 214,000
65 - Professional Development 3,121 16,000 4,000 20,000
67 - Other 210 6,000 - 6,000
TOTAL 1,055,309 2,380,000 (48,000) 2,332,000 -2.02%
Program: 3400 - Meter Services
51 - Labor 81,711 186,000 - 186,000
53 - Overtime 4,990 6,000 - 6,000
56 - Benefits 66,585 109,000 - 109,000
62 - Materials and Supplies 35 4,000 - 4,000
63 - Contract Services 1,840 8,000 - 8,000
64 - Utilities 648 2,000 - 2,000
65 - Professional Development - - - -
TOTAL 155,809 315,000 - 315,000 0.00%
Page 2 of 20
ALL FUNDS
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 4000 - Engineering
51 - Labor 252,725 678,000 (109,000) 569,000
52 - Temporary Labor - - 110,000 110,000
53 - Overtime - - - -
56 - Benefits 68,878 161,000 (30,000) 131,000
62 - Materials and Supplies 596 6,000 - 6,000
63 - Contract Services 50,345 624,000 - 624,000
64 - Utilities 49,300 98,000 - 98,000
65 - Professional Development 4,032 13,000 - 13,000
TOTAL 425,876 1,580,000 (29,000) 1,551,000 -1.84%
Program: 5000 - Water Production
51 - Labor 403,553 920,000 - 920,000
53 - Overtime 39,288 89,000 - 89,000
54 - Standby 21,633 47,000 - 47,000
56 - Benefits 276,940 419,000 - 419,000
61 - Water Supply 564,044 823,000 639,000 1,462,000
62 - Materials and Supplies 143,702 288,000 - 288,000
63 - Contract Services 38,170 511,000 - 511,000
64 - Utilities 1,339,406 3,099,000 - 3,099,000
65 - Professional Development 4,525 11,000 - 11,000
TOTAL 2,831,261 6,207,000 639,000 6,846,000 10.29%
Program: 5100 - Water Treatment
51 - Labor 136,469 312,000 - 312,000
53 - Overtime 11,811 39,000 - 39,000
56 - Benefits 139,852 192,000 - 192,000
62 - Materials and Supplies 192,451 285,000 40,000 325,000
63 - Contract Services 267,441 664,000 - 664,000
64 - Utilities 149,557 243,000 - 243,000
TOTAL 897,581 1,735,000 40,000 1,775,000 2.31%
Program: 5200 - Water Quality
51 - Labor 128,475 267,000 31,000 298,000
53 - Overtime 3,610 12,000 - 12,000
56 - Benefits 95,115 131,000 28,000 159,000
62 - Materials and Supplies 12,568 29,000 - 29,000
63 - Contract Services 54,692 159,000 - 159,000
64 - Utilities 87 2,000 - 2,000
65 - Professional Development 1,350 7,000 - 7,000
TOTAL 295,897 607,000 59,000 666,000 9.72%
Program: 6000 - Maintenance Administration
51 - Labor 105,631 236,000 - 236,000
52 - Temporary Labor - - - -
53 - Overtime 2,528 2,000 - 2,000
54 - Standby 22,908 55,000 - 55,000
56 - Benefits 89,576 131,000 - 131,000
62 - Materials and Supplies 97 3,000 - 3,000
63 - Contract Services 607 2,000 - 2,000
64 - Utilities 24,719 41,000 - 41,000
65 - Professional Development 5,842 23,000 - 23,000
67 - Other - - - -
TOTAL 251,908 493,000 - 493,000 0.00%
Page 3 of 20
ALL FUNDS
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 6100 - Water Maintenance
51 - Labor 525,936 1,292,000 - 1,292,000
53 - Overtime 217,737 430,000 - 430,000
56 - Benefits 382,881 623,000 - 623,000
62 - Materials and Supplies 320,427 947,000 (50,000) 897,000
63 - Contract Services 376,022 632,000 50,000 682,000
64 - Utilities - - - -
TOTAL 1,823,003 3,924,000 - 3,924,000 0.00%
Program: 6200 - Wastewater Collection
51 - Labor 150,179 411,000 - 411,000
53 - Overtime 4,649 11,000 - 11,000
56 - Benefits 90,116 187,000 - 187,000
62 - Materials and Supplies 326 38,000 - 38,000
63 - Contract Services 203,916 343,000 - 343,000
64 - Utilities - - - -
65 - Professional Development 425 - - -
TOTAL 449,611 990,000 - 990,000 0.00%
Program: 6300 - Water Reclamation
51 - Labor 518,218 1,301,000 - 1,301,000
52 - Temporary Labor 79,076 - - -
53 - Overtime 137,390 280,000 - 280,000
54 - Standby 26,056 65,000 - 65,000
56 - Benefits 384,460 608,000 - 608,000
62 - Materials and Supplies 452,831 2,008,000 (727,000) 1,281,000
63 - Contract Services 1,971,183 4,344,000 9,000 4,353,000
64 - Utilities 1,461,456 1,894,000 685,000 2,579,000
65 - Professional Development 8,469 12,000 2,000 14,000
TOTAL 5,039,139 10,512,000 (31,000) 10,481,000 -0.29%
Program: 7000 - Facilities Maintenance
51 - Labor 106,613 310,000 (67,000) 243,000
53 - Overtime 6,824 14,000 - 14,000
56 - Benefits 91,572 172,000 (35,000) 137,000
62 - Materials and Supplies 50,098 95,000 2,000 97,000
63 - Contract Services 858,502 1,277,000 10,000 1,287,000
64 - Utilities 169,901 393,000 - 393,000
65 - Professional Development 363 3,000 - 3,000
TOTAL 1,283,873 2,264,000 (90,000) 2,174,000 -3.98%
Program: 7100 - Fleet Maintenance
51 - Labor 49,543 114,000 - 114,000
53 - Overtime 4,570 3,000 7,000 10,000
56 - Benefits 19,731 43,000 - 43,000
62 - Materials and Supplies 97,185 180,000 - 180,000
63 - Contract Services 138,993 306,000 - 306,000
64 - Utilities 115,441 281,000 - 281,000
65 - Professional Development 258 4,000 - 4,000
TOTAL 425,721 931,000 7,000 938,000 0.75%
TOTAL OPERATING EXPENSES 21,076,256 43,476,000 531,000 44,007,000 1.22%
Page 4 of 20
ALL FUNDS
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Other Expenses
71 - Debt Service 8,617,532 10,476,000 (61,000) 10,415,000
88 - Contribution to Capital Replacement
Reserves - 2,937,000 22,989,000 25,926,000
99 - Transfers (From) Reserves 728,091 - - -
TOTAL 9,345,623 13,413,000 22,928,000 36,341,000 170.94%
NET 27,087,174 - - -
Page 5 of 20
WATER FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 0000 - Undesignated
41 - Water Sales 11,218,599 18,900,000 - 18,900,000
42 - Meter Charges 5,669,076 11,425,000 100,000 11,525,000
43 - Penalties 313,483 360,000 - 360,000
44 - Wastewater System Charges - - - -
45 - Wastewater Treatment Charges - - - -
46 - Other Operating Revenue 2,634,923 30,000 - 30,000
47 - Non Operating Revenue 489,287 800,000 125,000 925,000
48 - Gain or Loss on Disposition - - - -
TOTAL 20,325,368 31,515,000 225,000 31,740,000 0.71%
Program: 1000 - Governing Board
51 - Labor 41,280 107,800 (11,900) 95,900
56 - Benefits 38,075 65,100 - 65,100
62 - Materials and Supplies - 2,100 - 2,100
63 - Contract Services 4,473 4,900 700 5,600
65 - Professional Development 9,181 17,500 - 17,500
TOTAL 93,009 197,400 (11,200) 186,200 -5.67%
Program: 2000 - General Administration
51 - Labor 216,534 453,600 - 453,600
52 - Temporary Labor 9,373 21,000 (2,100) 18,900
53 - Overtime 1,592 2,800 2,100 4,900
56 - Benefits 122,270 197,400 - 197,400
62 - Materials and Supplies 575 4,200 - 4,200
63 - Contract Services 40,500 172,200 - 172,200
64 - Utilities 1,093 2,800 - 2,800
65 - Professional Development 62,506 100,600 - 100,600
TOTAL 454,443 954,600 - 954,600 0.00%
Program: 2100 - Human Resources
51 - Labor 109,656 257,600 - 257,600
52 - Temporary Labor - - - -
53 - Overtime 627 2,100 - 2,100
56 - Benefits 113,878 162,400 - 162,400
62 - Materials and Supplies 3,610 6,300 - 6,300
63 - Contract Services 132,459 254,100 10,500 264,600
64 - Utilities 497 1,400 - 1,400
65 - Professional Development 15,591 37,800 (2,100) 35,700
67 - Other 1,580,208 2,102,100 14,000 2,116,100
TOTAL 1,956,526 2,823,800 22,400 2,846,200 0.79%
Program: 2200 - Public Affairs
51 - Labor 173,204 401,800 - 401,800
52 - Temporary Labor - - - -
53 - Overtime 3,844 11,900 - 11,900
56 - Benefits 73,926 118,300 - 118,300
62 - Materials and Supplies 20,431 81,900 - 81,900
63 - Contract Services 160,481 460,600 - 460,600
64 - Utilities 1,564 26,600 - 26,600
65 - Professional Development 11,704 40,600 - 40,600
TOTAL 445,154 1,141,700 - 1,141,700 0.00%
Page 6 of 20
WATER FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 2300 - Conservation
51 - Labor 55,186 126,000 - 126,000
52 - Temporary Labor - - - -
53 - Overtime 1,811 7,000 - 7,000
56 - Benefits 20,809 45,000 - 45,000
62 - Materials and Supplies 19,306 57,000 (17,000) 40,000
63 - Contract Services 65,018 307,000 (15,000) 292,000
64 - Utilities 7,726 16,000 - 16,000
65 - Professional Development 1,823 15,000 - 15,000
67 - Other 34,737 85,000 - 85,000
TOTAL 206,416 658,000 (32,000) 626,000 -4.86%
Program: 3000 - Finance & Accounting
51 - Labor 264,981 613,900 - 613,900
52 - Temporary Labor - - - -
53 - Overtime 8,368 9,100 - 9,100
56 - Benefits 182,922 301,000 - 301,000
62 - Materials and Supplies 2,650 4,900 - 4,900
63 - Contract Services 59,677 157,500 - 157,500
64 - Utilities 644 2,800 - 2,800
65 - Professional Development 12,524 24,500 - 24,500
67 - Other 202 - - -
TOTAL 531,968 1,113,700 - 1,113,700 0.00%
Program: 3200 - Information Technology
51 - Labor 162,162 392,000 - 392,000
52 - Temporary Labor - - - -
53 - Overtime - - - -
56 - Benefits 164,535 247,100 - 247,100
62 - Materials and Supplies 37,091 56,700 - 56,700
63 - Contract Services 293,657 668,500 - 668,500
64 - Utilities 7,727 8,400 - 8,400
65 - Professional Development 2,147 11,900 - 11,900
TOTAL 667,319 1,384,600 - 1,384,600 0.00%
Program: 3300 - Customer Service
51 - Labor 207,715 506,100 (44,100) 462,000
52 - Temporary Labor - - - -
53 - Overtime 4,003 7,700 18,900 26,600
56 - Benefits 153,352 244,300 (11,200) 233,100
62 - Materials and Supplies 877 4,900 - 4,900
63 - Contract Services 317,450 737,800 - 737,800
64 - Utilities 54,833 149,800 - 149,800
65 - Professional Development 2,185 11,200 2,800 14,000
67 - Other 210 4,200 - 4,200
TOTAL 740,625 1,666,000 (33,600) 1,632,400 -2.02%
Program: 3400 - Meter Services
51 - Labor 81,711 186,000 - 186,000
53 - Overtime 4,990 6,000 - 6,000
56 - Benefits 66,585 109,000 - 109,000
62 - Materials and Supplies 35 4,000 - 4,000
63 - Contract Services 1,840 8,000 - 8,000
64 - Utilities 648 2,000 - 2,000
65 - Professional Development - - - -
TOTAL 155,809 315,000 - 315,000 0.00%
Page 7 of 20
WATER FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 4000 - Engineering
51 - Labor 172,498 474,600 (76,300) 398,300
52 - Temporary Labor - - 77,000 77,000
53 - Overtime - - - -
56 - Benefits 48,215 112,700 (21,000) 91,700
62 - Materials and Supplies 417 4,200 - 4,200
63 - Contract Services 39,560 436,800 - 436,800
64 - Utilities 48,979 68,600 - 68,600
65 - Professional Development 2,831 9,100 - 9,100
TOTAL 312,500 1,106,000 (20,300) 1,085,700 -1.84%
Program: 5000 - Water Production
51 - Labor 403,553 920,000 - 920,000
53 - Overtime 39,288 89,000 - 89,000
54 - Standby 21,633 47,000 - 47,000
56 - Benefits 276,940 419,000 - 419,000
61 - Water Supply 564,044 823,000 639,000 1,462,000
62 - Materials and Supplies 143,702 288,000 - 288,000
63 - Contract Services 38,170 511,000 - 511,000
64 - Utilities 1,339,406 3,099,000 - 3,099,000
65 - Professional Development 4,525 11,000 - 11,000
TOTAL 2,831,261 6,207,000 639,000 6,846,000 10.29%
Program: 5100 - Water Treatment
51 - Labor 136,469 312,000 - 312,000
53 - Overtime 11,811 39,000 - 39,000
56 - Benefits 139,852 192,000 - 192,000
62 - Materials and Supplies 192,451 285,000 40,000 325,000
63 - Contract Services 267,441 664,000 - 664,000
64 - Utilities 149,557 243,000 - 243,000
TOTAL 897,581 1,735,000 40,000 1,775,000 2.31%
Program: 5200 - Water Quality
51 - Labor 128,475 267,000 31,000 298,000
53 - Overtime 3,610 12,000 - 12,000
56 - Benefits 95,115 131,000 28,000 159,000
62 - Materials and Supplies 12,568 29,000 - 29,000
63 - Contract Services 54,692 159,000 - 159,000
64 - Utilities 87 2,000 - 2,000
65 - Professional Development 1,350 7,000 - 7,000
TOTAL 295,897 607,000 59,000 666,000 9.72%
Program: 6000 - Maintenance Administration
51 - Labor 95,054 212,400 - 212,400
52 - Temporary Labor - - - -
53 - Overtime 2,275 1,800 - 1,800
54 - Standby 20,668 49,500 - 49,500
56 - Benefits 80,619 117,900 - 117,900
62 - Materials and Supplies 97 2,700 - 2,700
63 - Contract Services 546 1,800 - 1,800
64 - Utilities 23,318 36,900 - 36,900
65 - Professional Development 4,999 20,700 - 20,700
67 - Other - - - -
TOTAL 227,576 443,700 - 443,700 0.00%
Page 8 of 20
WATER FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 6100 - Water Maintenance
51 - Labor 525,936 1,292,000 - 1,292,000
53 - Overtime 217,737 430,000 - 430,000
56 - Benefits 382,881 623,000 - 623,000
62 - Materials and Supplies 320,427 947,000 (50,000) 897,000
63 - Contract Services 376,022 632,000 50,000 682,000
64 - Utilities - - - -
TOTAL 1,823,003 3,924,000 - 3,924,000 0.00%
Program: 6200 - Wastewater Collection
51 - Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Program: 6300 - Water Reclamation
51 - Labor - - - -
52 - Temporary Labor - - - -
53 - Overtime - - - -
54 - Standby - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Program: 7000 - Facilities Maintenance
51 - Labor 74,635 217,000 (46,900) 170,100
53 - Overtime 4,777 9,800 - 9,800
56 - Benefits 64,003 120,400 (24,500) 95,900
62 - Materials and Supplies 35,431 66,500 1,400 67,900
63 - Contract Services 622,193 893,900 7,000 900,900
64 - Utilities 127,427 275,100 - 275,100
65 - Professional Development 254 2,100 - 2,100
TOTAL 928,720 1,584,800 (63,000) 1,521,800 -3.98%
Program: 7100 - Fleet Maintenance
51 - Labor 34,681 79,800 - 79,800
53 - Overtime 3,199 2,100 4,900 7,000
56 - Benefits 13,910 30,100 - 30,100
62 - Materials and Supplies 68,033 126,000 - 126,000
63 - Contract Services 97,295 214,200 - 214,200
64 - Utilities 80,827 196,700 - 196,700
65 - Professional Development 210 2,800 - 2,800
TOTAL 298,155 651,700 4,900 656,600 0.75%
TOTAL OPERATING EXPENSES 12,865,962 26,514,000 605,200 27,119,200 2.28%
Page 9 of 20
WATER FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Other Expenses
71 - Debt Service 775,000 2,265,000 (490,000) 1,775,000
88 - Transfers To (From) Reserves - 2,736,000 109,800 2,845,800
99 - Transfers (From) Reserves 695,089 - - -
TOTAL 1,470,089 5,001,000 (380,200) 4,620,800 -7.60%
NET 5,989,317 - - -
Page 10 of 20
WASTEWATER FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 0000 - Undesignated
41 - Water Sales - - - -
42 - Meter Charges - - - -
43 - Penalties 12,347 130,000 - 130,000
44 - Wastewater System Charges 3,461,802 6,870,000 - 6,870,000
45 - Wastewater Treatment Charges - - - -
46 - Other Operating Revenue 456,056 5,000 - 5,000
47 - Non Operating Revenue 136,469 100,000 120,000 220,000
48 - Gain or Loss on Disposition - - - -
TOTAL 4,066,674 7,105,000 120,000 7,225,000 1.69%
Program: 1000 - Governing Board
51 - Labor 17,691 46,200 (5,100) 41,100
56 - Benefits 16,318 27,900 - 27,900
62 - Materials and Supplies - 900 - 900
63 - Contract Services 1,917 2,100 300 2,400
65 - Professional Development 2,572 7,500 - 7,500
TOTAL 38,498 84,600 (4,800) 79,800 -5.67%
Program: 2000 - General Administration
51 - Labor 92,800 194,400 - 194,400
52 - Temporary Labor 4,017 9,000 (900) 8,100
53 - Overtime 682 1,200 900 2,100
56 - Benefits 47,116 84,600 - 84,600
62 - Materials and Supplies 246 1,800 - 1,800
63 - Contract Services 17,357 73,800 - 73,800
64 - Utilities 468 1,200 - 1,200
65 - Professional Development 26,788 43,400 - 43,400
TOTAL 189,474 409,400 - 409,400 0.00%
Program: 2100 - Human Resources
51 - Labor 46,995 110,400 - 110,400
52 - Temporary Labor - - - -
53 - Overtime 269 900 - 900
56 - Benefits 48,803 69,600 - 69,600
62 - Materials and Supplies 221 2,700 - 2,700
63 - Contract Services 56,768 108,900 4,500 113,400
64 - Utilities 213 600 - 600
65 - Professional Development 4,076 16,200 (900) 15,300
67 - Other 677,232 900,900 6,000 906,900
TOTAL 834,577 1,210,200 9,600 1,219,800 0.79%
Program: 2200 - Public Affairs
51 - Labor 74,230 172,200 - 172,200
52 - Temporary Labor - - - -
53 - Overtime 1,647 5,100 - 5,100
56 - Benefits 31,682 50,700 - 50,700
62 - Materials and Supplies 8,756 35,100 - 35,100
63 - Contract Services 74,329 197,400 - 197,400
64 - Utilities 670 11,400 - 11,400
65 - Professional Development 5,016 17,400 - 17,400
TOTAL 196,330 489,300 - 489,300 0.00%
Page 11 of 20
WASTEWATER FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 2300 - Conservation
51 - Labor - - - -
52 - Temporary Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
67 - Other - - - -
TOTAL - - - - 0.00%
Program: 3000 - Finance & Accounting
51 - Labor 114,691 263,100 - 263,100
52 - Temporary Labor - - - -
53 - Overtime 3,586 3,900 - 3,900
56 - Benefits 90,897 129,000 - 129,000
62 - Materials and Supplies 1,136 2,100 - 2,100
63 - Contract Services 24,027 67,500 - 67,500
64 - Utilities 277 1,200 - 1,200
65 - Professional Development 5,367 10,500 - 10,500
67 - Other - - - -
TOTAL 239,981 477,300 - 477,300 0.00%
Program: 3200 - Information Technology
51 - Labor 70,884 168,000 - 168,000
52 - Temporary Labor - - - -
53 - Overtime - - - -
56 - Benefits 70,706 105,900 - 105,900
62 - Materials and Supplies 15,897 24,300 - 24,300
63 - Contract Services 125,853 286,500 - 286,500
64 - Utilities 3,312 3,600 - 3,600
65 - Professional Development 921 5,100 - 5,100
TOTAL 287,573 593,400 - 593,400 0.00%
Program: 3300 - Customer Service
51 - Labor 89,021 216,900 (18,900) 198,000
52 - Temporary Labor - - - -
53 - Overtime 1,715 3,300 8,100 11,400
56 - Benefits 65,722 104,700 (4,800) 99,900
62 - Materials and Supplies 376 2,100 - 2,100
63 - Contract Services 136,050 316,200 - 316,200
64 - Utilities 20,864 64,200 - 64,200
65 - Professional Development 936 4,800 1,200 6,000
67 - Other - 1,800 - 1,800
TOTAL 314,684 714,000 (14,400) 699,600 -2.02%
Program: 3400 - Meter Services
51 - Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Page 12 of 20
WASTEWATER FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 4000 - Engineering
51 - Labor 80,227 203,400 (32,700) 170,700
52 - Temporary Labor - - 33,000 33,000
53 - Overtime - - - -
56 - Benefits 20,663 48,300 (9,000) 39,300
62 - Materials and Supplies 179 1,800 - 1,800
63 - Contract Services 10,785 187,200 - 187,200
64 - Utilities 321 29,400 - 29,400
65 - Professional Development 1,201 3,900 - 3,900
TOTAL 113,376 474,000 (8,700) 465,300 -1.84%
Program: 5000 - Water Production
51 - Labor - - - -
53 - Overtime - - - -
54 - Standby - - - -
56 - Benefits - - - -
61 - Water Supply - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Program: 5100 - Water Treatment
51 - Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
TOTAL - - - - 0.00%
Program: 5200 - Water Quality
51 - Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Program: 6000 - Maintenance Administration
51 - Labor 10,577 23,600 - 23,600
52 - Temporary Labor - - - -
53 - Overtime 253 200 - 200
54 - Standby 2,240 5,500 - 5,500
56 - Benefits 8,957 13,100 - 13,100
62 - Materials and Supplies - 300 - 300
63 - Contract Services 61 200 - 200
64 - Utilities 1,401 4,100 - 4,100
65 - Professional Development 843 2,300 - 2,300
67 - Other - - - -
TOTAL 24,332 49,300 - 49,300 0.00%
Page 13 of 20
WASTEWATER FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 6100 - Water Maintenance
51 - Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
TOTAL - - - - 0.00%
Program: 6200 - Wastewater Collection
51 - Labor 150,179 411,000 - 411,000
53 - Overtime 4,649 11,000 - 11,000
56 - Benefits 90,116 187,000 - 187,000
62 - Materials and Supplies 326 38,000 - 38,000
63 - Contract Services 203,916 343,000 - 343,000
64 - Utilities - - - -
65 - Professional Development 425 - - -
TOTAL 449,611 990,000 - 990,000 0.00%
Program: 6300 - Water Reclamation
51 - Labor - - - -
52 - Temporary Labor - - - -
53 - Overtime - - - -
54 - Standby - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Program: 7000 - Facilities Maintenance
51 - Labor 31,978 93,000 (20,100) 72,900
53 - Overtime 2,047 4,200 - 4,200
56 - Benefits 27,569 51,600 (10,500) 41,100
62 - Materials and Supplies 14,667 28,500 600 29,100
63 - Contract Services 236,309 383,100 3,000 386,100
64 - Utilities 42,474 117,900 - 117,900
65 - Professional Development 109 900 - 900
TOTAL 355,153 679,200 (27,000) 652,200 -3.98%
Program: 7100 - Fleet Maintenance
51 - Labor 14,862 34,200 - 34,200
53 - Overtime 1,371 900 2,100 3,000
56 - Benefits 5,821 12,900 - 12,900
62 - Materials and Supplies 29,152 54,000 - 54,000
63 - Contract Services 41,698 91,800 - 91,800
64 - Utilities 34,614 84,300 - 84,300
65 - Professional Development 48 1,200 - 1,200
TOTAL 127,566 279,300 2,100 281,400 0.75%
TOTAL OPERATING EXPENSES 3,171,155 6,450,000 (43,200) 6,406,800 -0.67%
Page 14 of 20
WASTEWATER FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Other Expenses
71 - Debt Service 175,000 480,000 (210,000) 270,000
88 - Contribution to Capital Replacement
Reserves - 175,000 373,200 548,200
99 - Transfers (From) Reserves 33,002 - - -
TOTAL 208,002 655,000 163,200 818,200 24.92%
NET 687,517 - - -
Page 15 of 20
WATER RECLAMATION FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 0000 - Undesignated
41 - Water Sales 618,464 1,200,000 37,000 1,237,000
42 - Meter Charges - - - -
43 - Penalties 24,015 90,000 - 90,000
44 - Wastewater System Charges - - - -
45 - Wastewater Treatment Charges 7,025,364 13,820,000 15,000 13,835,000
46 - Other Operating Revenue 1,572,782 1,109,000 (594,000) 515,000
47 - Non Operating Revenue 23,876,386 2,050,000 23,656,000 25,706,000
48 - Gain or Loss on Disposition - - - -
TOTAL 33,117,011 18,269,000 23,114,000 41,383,000 126.52%
Program: 1000 - Governing Board
51 - Labor - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Program: 2000 - General Administration
51 - Labor - - - -
52 - Temporary Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Program: 2100 - Human Resources
51 - Labor - - - -
52 - Temporary Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
67 - Other - - - -
TOTAL - - - - 0.00%
Program: 2200 - Public Affairs
51 - Labor - - - -
52 - Temporary Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Page 16 of 20
WATER RECLAMATION FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 2300 - Conservation
51 - Labor - - - -
52 - Temporary Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
67 - Other - - - -
TOTAL - - - - 0.00%
Program: 3000 - Finance & Accounting
51 - Labor - - - -
52 - Temporary Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
67 - Other - - - -
TOTAL - - - - 0.00%
Program: 3200 - Information Technology
51 - Labor - - - -
52 - Temporary Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Program: 3300 - Customer Service
51 - Labor - - - -
52 - Temporary Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
67 - Other - - - -
TOTAL - - - - 0.00%
Program: 3400 - Meter Services
51 - Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Page 17 of 20
WATER RECLAMATION FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 4000 - Engineering
51 - Labor - - - -
52 - Temporary Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Program: 5000 - Water Production
51 - Labor - - - -
53 - Overtime - - - -
54 - Standby - - - -
56 - Benefits - - - -
61 - Water Supply - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Program: 5100 - Water Treatment
51 - Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
TOTAL - - - - 0.00%
Program: 5200 - Water Quality
51 - Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Program: 6000 - Maintenance Administration
51 - Labor - - - -
52 - Temporary Labor - - - -
53 - Overtime - - - -
54 - Standby - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
67 - Other - - - -
TOTAL - - - - 0.00%
Page 18 of 20
WATER RECLAMATION FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Program: 6100 - Water Maintenance
51 - Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
TOTAL - - - - 0.00%
Program: 6200 - Wastewater Collection
51 - Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Program: 6300 - Water Reclamation
51 - Labor 518,218 1,301,000 - 1,301,000
52 - Temporary Labor 79,076 - - -
53 - Overtime 137,390 280,000 - 280,000
54 - Standby 26,056 65,000 - 65,000
56 - Benefits 384,460 608,000 - 608,000
62 - Materials and Supplies 452,831 2,008,000 (727,000) 1,281,000
63 - Contract Services 1,971,183 4,344,000 9,000 4,353,000
64 - Utilities 1,461,456 1,894,000 685,000 2,579,000
65 - Professional Development 8,469 12,000 2,000 14,000
TOTAL 5,039,139 10,512,000 (31,000) 10,481,000 -0.29%
Program: 7000 - Facilities Maintenance
51 - Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
Program: 7100 - Fleet Maintenance
51 - Labor - - - -
53 - Overtime - - - -
56 - Benefits - - - -
62 - Materials and Supplies - - - -
63 - Contract Services - - - -
64 - Utilities - - - -
65 - Professional Development - - - -
TOTAL - - - - 0.00%
TOTAL OPERATING EXPENSES 5,039,139 10,512,000 (31,000) 10,481,000 -0.29%
Page 19 of 20
WATER RECLAMATION FUND
FY 2025-26 MID-YEAR BUDGET REVIEW
JULY 1, 2025 - DECEMBER 31, 2025
YTD
ACTIVITY
FY 2025-26
BUDGET
BUDGET
ADJUSTMENT
FY 2025-26
PROJECTED
%
CHANGE
Other Expenses
71 - Debt Service 7,667,532 7,731,000 639,000 8,370,000
88 - Transfers To Reserves - 26,000 22,506,000 22,532,000
TOTAL 7,667,532 7,757,000 23,145,000 30,902,000 298.38%
NET 20,410,340 - - -
Page 20 of 20
EAST VALLEY WATER DISTRICT
CAPITAL BUDGET - MID YEAR ADJUSTMENTS
FY 2025-26
CAPITAL CAPITAL CAPITAL CAPITAL
REPLACEMENT REPLACEMENT GRANTS /TOTAL REPLACEMENT REPLACEMENT GRANTS /ADJUSTED
RESERVE RESERVE CAPACITY LOANS /ADOPTED RESERVE RESERVE CAPACITY LOANS /PROJECT
PROJECT WATER WASTEWATER FEES OTHER BUDGET WATER WASTEWATER FEES OTHER TOTAL
CAPITAL OUTLAY
Hardware Replacements 35,000$ -$ -$ -$ 35,000$ 8,000$ -$ -$ -$ 43,000$
SNRC Cameras 70,000 30,000 - - 100,000 (70,000) (30,000) - - -
Upper SAR HCP 400,000 - - - 400,000 - - - - 400,000
SCADA Radios & Solar Back-up (Power)122,500 52,500 - - 175,000 46,900 20,100 - - 242,000
Chlorine Generation Cells 60,000 - - - 60,000 - - - - 60,000
Tank Mixers 140, 99, 101 80,000 - - - 80,000 - - - - 80,000
Campaction Tool 50,000 - - - 50,000 - - - - 50,000
Gas Monitoring Equipment - 20,000 - - 20,000 - - - - 20,000
Fencing at Various Sites 200,000 - - - 200,000 - - - - 200,000
EV Charger 80,000 20,000 - - 100,000 - - - - 100,000
Service Trucks (3)200,000 - - - 200,000 - - - - 200,000
Large Dump Truck 250,000 - - - 250,000 - - - - 250,000
Cues Camera - - - - - - 41,000 - - 41,000
Electric Backhoe - - - - - 108,000 - - 290,000 398,000
TOTAL CAPITAL OUTLAY 1,547,500 122,500 - - 1,670,000 92,900 31,100 - 290,000 2,084,000
CAPITAL IMPROVEMENT PROGRAM
WATER CIP
Meter Replacement Program 200,000 - - - 200,000 - - - - 200,000
Plant 134 Membrane Replacement 350,000 - - - 350,000 93,000 - - - 443,000
Tank/Reservoir Rehabilitation - Plant 140 1,500,000 - - - 1,500,000 110,000 - - - 1,610,000
Plant 134 Pretreatment Feasibility Study 100,000 - - - 100,000 (100,000) - - - -
Seismic Mitigation Main Replacement - Dwight/Sterling 1,600,000 - - 4,800,000 6,400,000 (1,600,000) - - (4,800,000) -
Seismic Mitigation Main Replacement - Marshall/Mountain 166,000 - - 498,000 664,000 45,000 - - - 709,000
Plant 129 Well Design & Construction - - 3,500,000 - 3,500,000 - - - - 3,500,000
Well 152 Design & Construction - District Headquarters 225,000 - - 225,000 450,000 - - - - 450,000
Water Main Replacement - Overland Ct 375,000 - - - 375,000 610,000 - - - 985,000
Facility Relocations 100,000 - - - 100,000 - - - - 100,000
Facility Rehabilitations 125,000 - - - 125,000 - - - - 125,000
Plant 39 Warehouse Building 100,000 - - - 100,000 42,000 - - - 142,000
Water Subtotal 4,841,000 - 3,500,000 5,523,000 13,864,000 (800,000) - - (4,800,000) 8,264,000
WATER RECLAMATION CIP
Additional Membrane Bioreactor - Phase I - - 1,900,000 4,240,000 6,140,000 - - - - 6,140,000
Weaver Basin - Shallow Well - - - 150,000 150,000 - - - - 150,000
- - - - - - - - - -
Water Reclamation Subtotal - - 1,900,000 4,390,000 6,290,000 - - - - 6,290,000
TOTAL CAPITAL IMPROVEMENT PROGRAM 4,841,000$ -$ 5,400,000$ 9,913,000$ 20,154,000$ (800,000)$ -$ -$ (4,800,000)$ 14,554,000$
TOTAL PROPOSED ADJUSTMENTS (707,100)$ 31,100$ -$ (4,510,000)$
Agenda Item
#4c
February 25, 20261
Meeting Date: February 25, 2026
Agenda Item #4c
Discussion Item
1
7
6
7
Regular Board Meeting
TO: Governing Board Members
FROM: General Manager/CEO
SUBJECT: Consider Approval of a One-Time Additional Discretionary Payment of $4.5 Million to
Reduce the District's Unfunded Accrued Liability
RECOMMENDATION
That the Board of Directors approve a one-time additional discretionary payment of $4.5 million
to reduce the District's unfunded accrued liability.
BACKGROUND / ANALYSIS
On February 26, 2025, the Board adopted new fiscal policy 7.8 – the Unfunded Accrued Liability
Management Policy (Policy). This Policy was developed in collaboration with District consultant
California Municipal Advisors (CalMuni), to address the existing and future unfunded accrued
liability (UAL) associated with the District’s CalPERS pension plans.
As part of the pension contract with CalPERS, the District is obligated to pay off any pension
related UAL, which is the shortfall between the amount that will be necessary to pay benefits
already earned by current and former employees covered by CalPERS, and investments held in
trust to pay those benefits. The District’s UAL has been volatile, ranging from $6 million to $15
million over the last ten years. The current UAL is approximately $13.3 million.
District efforts to address the UAL liability, such as adopting a level, annual pension contribution
that included contributions in excess of those required by CalPERS, had limited success and a
declining effect on the UAL. The UAL typically remained well above $10 million. This made it
clear that a multi-faceted strategy, combined with significant additional discretionary payments
(ADP) at opportune times, were needed to have a lasting impact in reducing the UAL. Adoption
of Policy 7.8 codified the different types of tools available and displayed the District’s
commitment to long-term financial health.
Section 4.D. of Policy 7.8 requires ongoing Transparency and Reporting with respect to the
pension UAL. To satisfy this requirement, CalMuni has prepared the attached UAL Policy
Compliance Analysis. This report denotes the fact that for both years ended June 30, 2024 and
2025, CalPERS has realized investment returns of more than 9%, exceeding their target rate of
6.8%.
Agenda Item
#4c
February 25, 20262
Meeting Date: February 25, 2026
Agenda Item #4c
Discussion Item
1
7
6
7
To take full advantage of these two successive years of higher-than-expected returns, the UAL
Compliance Analysis suggests two strategies for the District to consider to lower the UAL:
1. Make an Additional Discretionary Payment (ADP) – after two years of high investment
yields, the District is approximately $4.5 million from achieving an 85% funded status –
the goal established with the adoption of the UAL Management Policy. One proposal
included in the Analysis is to make a one-time $4.5 million ADP out of reserves to get to
85% funded.
2. Consider using Capital Replacement Reserves that have been accumulated to cash
finance certain projects to pay down the UAL, which essentially carries a 6.8% interest
rate. The capital projects can then be financed with tax-exempt bond proceeds which
typically have an interest rate of 3.75% or lower. An example summary of this strategy
where the cost of a project is $5.0 million shows savings of $746 thousand over an 18-
year period.
Strong water sales that exceeded projections by 12% in 2024-25, and a one-time tax credit
make option one above achievable at this time. A one-time ADP of $4.5 million to boost the
District’s PERS pension funded status to the recommended 85% and turn a succession of recent
positive fiscal events into a long-term financial benefit for the District in the form of lower future
contributions toward the CalPERS UAL. This amount would reduce the UAL by more than 30%
and would raise the funded status of the District’s pension plans from approximately 79% to the
85% target. The Finance and Human Resource Committee recommended at their February 19,
2026 meeting the Board approve strategy No. 1 above and make a one-time ADP of $4.5
million.
DISTRICT PILLARS AND STRATEGIES
II - Sustainability, Transparency, and Accountability
a. Uphold Transparent and Accountable Fiscal and Resource Management
REVIEW BY OTHERS
This agenda item has been reviewed by the Finance and Human Resources Committee.
FISCAL IMPACT
Actions recommended in this item will result in the expenditure of $4.5 million from reserves
and will reduce future budget years’ pension contributions.
Agenda Item
#4c
February 25, 20263
Meeting Date: February 25, 2026
Agenda Item #4c
Discussion Item
1
7
6
7
Recommended by:
________________
Michael Moore
General Manager/CEO
Respectfully submitted:
________________
Brian Tompkins
Chief Financial Officer
ATTACHMENTS
UAL Policy Compliance Update 2025
EAST VALLEY WATER DISTRICT
UPDATE JUNE 2025
East Valley Water District
2024 Pension Policy Compliance Analysis- UPDATE
Page 1
PENSION POLICY COMPLIANCE ANALYSIS
UPDATE
INTRODUCTION
California Municipal Advisors (CalMuni Advisors) has produced this Pension Policy Compliance
Analysis in accordance with the Pension Policy adopted by the East Valley Water District (the
District) Board of Directors. Management and staff are responsible for the preparation and fair
presentation of the financial statements and information used herein. CalMuni Advisors is
responsible for providing express opinions and recommendations based on the analysis of the
financial information provided by the District. A few key points of your existing Pension Policy
include:
- Target Funded Ratio of 85%;
- Recommendation to pre-pay the entire UAL payment by July 31st of each year;
- Monitor for annual actions that can proactively mitigate UAL;
- Utilize excess reserves, one-time revenues and fund surpluses to pre-pay UAL when
feasible; and
- Utilize the Pension Rate Stabilization Fund (115 Trust) to maintain Target Funded Ratio.
CalMuni Advisors has performed a in-depth review of the Unfunded Accrued Liability (UAL) that
District has outstanding with the California Public Employees' Retirement System (CalPERS) and
your compliance with the existing Pension Policy. While CalMuni Advisors strives to provide the
best analysis possible, this report utilizes forward-looking assumptions based on information
available to CalMuni Advisors at the time the analysis was prepared. Subsequent changes in the
investment performance or actuarial information may impact the recommendations of this report.
NOTES TO THE UPDATE
CalMuni Advisors has received a preliminary update from CalPERS on the anticipated
investment performance for FY 2024-2025. The currently forecasted return, while not final until
June 30 of this year, is anticipated to come in at approximately 9.7% which is significantly
higher than the required Discount Rate of 6.8%. The following materials have been updated to
include preliminary forecasts and recommendations based upon the 9.7%.
It should be noted that, while CalMuni Advisors can forecast the UAL changes based on
investment performance, and investment performance is typically the largest determinant of
UAL change, there are a range of factors that we cannot forecast. Therefore, these estimates are
only that and should be understood to be directional only and subject to change.
East Valley Water District
2024 Pension Policy Compliance Analysis- UPDATE
Page 2
This Pension Policy Compliance Analysis documents the results of the review and provides
recommendations that the District could take to reduce its future UAL costs, in accordance with
the best practices related to UAL management and the District's adopted UAL management policy,
which individually are:
Make Additional Discretionary Payments (ADPs) of approximately $4.5 million to achieve
the Policy Target compliance at 85% funded across all plans.
Consider making additional contributions beyond the $4.5 million to a 115 Trust to
continue to build resilience in the pension plans.
DISTRICT’S PENSION PLANS AND UNFUNDED ACCRUED LIABILITY
The District provides pension benefits to its employees and retirees through three pension plans
with CalPERS. As of 06/30/2023 (the most recent official information available as of the date of
this Pension Policy Compliance Analysis), the plans had a total accrued liability (the amount
necessary, as of the valuation date, to fund all earned pension benefits for current employees,
retirees, and beneficiaries) of approximately $61.1 million, held approximately $44.6 million in
assets, and its plans ranged between 72% and 87% funded. Overall, the pension plans were 73.0%
funded, as summarized in Table 1 below.
Graph 1 below shows the UAL and Pension Loan amortization schedule as of the 06/30/2023
valuation date.
Plan Name Total Accrued
Liability
Market Value of
Assets
Unfunded
Accrued
Liability
% Funded
Miscellaneous $57,941,625 $41,831,350 $16,110,275 72.2%
PEPRA - Misc $3,198,230 $2,794,448 $403,782 87.4%
TOTAL $61,139,855 $44,625,798 $16,514,057 73.0%
Source: CalPERS Actuarial Valuation Reports as of June 30, 2023
Table 1
East Valley Water District
Pension Plans Summary
East Valley Water District
2024 Pension Policy Compliance Analysis - UPDATE
Page 3
Graph 1
East Valley Water District
Current UAL and Pension Loan Amortization Schedule
Source: CalPERS Actuarial Valuation Reports as of June 30, 2023
Historic Payments
-
$0.2
$0.4
$0.6
$0.8
$1.0
$1.2
$1.4
$1.6
$1.8
$2.0
2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 2038 2040 2042 2044
Mi
l
l
i
o
n
s
Baseline Miscellaneous PEPRA - Misc
East Valley Water District
2024 Pension Policy Compliance Analysis- UPDATE
Page 4
CALPERS INVESTMENT PERFORMANCE FOR FYE 2023
In August 2024, CalPERS announced its FYE 2024 investment gain estimate of 9.3%. This
represents an over performance of the investment target of 2.5% and will result in the reduction of
UAL. Further, in June of 2025, CalMuni was made aware that there is a preliminary estimate that
CalPERS anticipates achieving an investment gain of 9.7% for FYE 2025 which also will result in
the reduction of UAL. Graph 2 below shows the history of CalPERS' annual investment returns.
Graph 2
History of CalPERS Annual Investment Returns FYE 1993-2023
Preliminary 2024-25
Source: CalPERS
The historical average annual investment returns, with 2024 and 2025 estimates as reported by
CalPERS are as follows:
5 years: 7.7%
10 years: 7.1%
20 years: 7.1%
30 years: 8.0%
The average returns indicate that historically CalPERS has been able to achieve the long-term
investment target rate of 6.8% (the current discount rate). CalPERS has been lowering the target
rate over the last several decades. It appears that the current target rate favorably corresponds to
the past performance. However, past performance is not a guarantee of future results.
2.0%
3.7%
1.0%
2.4%
0.6%
6.7%
4.7%5.8%
- -
14.5%
16.3%15.3%
20.1%19.5%
12.5%
10.5%
16.6%
12.3%11.8%
19.1%
13.3%
21.7%
13.2%
18.4%
11.2%
8.6%
21.3%
9.3%9.7%
-7.2%-6.1%-5.1%
-24.0%
-7.4%
- -
-25.0%
-20.0%
-15.0%
-10.0%
-5.0%
-
5.0%
10.0%
15.0%
20.0%
25.0%
East Valley Water District
2024 Pension Policy Compliance Analysis- UPDATE
Page 5
IMPACT OF CALPERS' INVESTMENT PERFORMANCE ON THE District
To assess the impact of CalPERS' investment performance on the funded status of pension plans,
it is important to remember that in order to maintain an unchanged funded ratio, among other
things, CalPERS needs to achieve an investment gain equal to the discount rate, which is currently
6.8%. Any time that the investment returns are below the discount rate, the funded level of the
pension plans decreases and additional UAL is created.
Conversely, whenever the investment returns are above the discount rate, the UAL amount is
reduced, and correspondingly, the funded level increases. With the 2024 9.3% and estimated 2025
9.7% investment returns, the full funding impact is 2.5% and 2.9% respectively. This windfall
translates into a reduction of approximately $3.5 million of UAL for the District.
Table 3 below shows the 2024 investment gain impact estimates for each of the District's pension
plans.
The investment return impact is estimated based on the FYE 2023 market value of assets within
each pension plan multiplied by 2.5% for 2024 and 2.9% for 2025. CalPERS may make additional
adjustments and reconciliations to account for actual vs. projected plan experience and any
methodology changes.
While CalPERS' prior investment returns history indicates that steady reduction of UAL is possible
the District may want to consider additional steps to reduce the long-term interest costs associated
with the remaining UAL. Suggested pension cost reduction strategies are discussed below.
DISTRICT'S ESTIMATED FYE 2025 PENSION PLAN FUNDED LEVELS
CalPERS will publish the 2025 Pension Plan Reports for FYE 06/30/2026 for the District in or
around August 2026. The reports will reflect any changes that have taken place during the fiscal
year, including the 2.5% investment gain for 2024 and 2.9% for 2025, the District's and its
employees' contributions, benefit payments to plan beneficiaries, and any adjustments made by
Plan Name Estimated UAL
Change
Miscellaneous ($3,291,812)
PEPRA - Misc ($175,817)
TOTAL ($3,467,630)
Source: California Municipal Advisors
East Valley Water District
Table 2
Estimated Investment Return Impact
East Valley Water District
2024 Pension Policy Compliance Analysis- UPDATE
Page 6
CalPERS to reconcile the actual vs. projected plan experience and to account for any actuarial
methodology changes.
Table 3
East Valley Water District
2025 Pension Plan Funded Level Estimate
It should be emphasized that the amounts calculated in Table 3 are estimates only and can
only be finalized once CalPERS publishes the FYE 06/30/2025 actuarial reports.
Description Miscellaneous PEPRA - Misc Total
FYE 2024
Market Value of Assets
2023 Balance $41,831,350 $2,794,448 $44,625,798
Normal Cost Contribution $636,372 $251,950 $888,322
UAL Payment $1,384,944 $22,734 $1,407,678
UAL Discretionary Payment - - -
Investment Gain / (Loss) $1,096,317 $76,728 $1,173,045
Benefit Payment ($2,778,678) ($5,770) ($2,784,448)
2024 Balance $42,170,305 $3,145,860 $48,094,843
115 Trust Fund Balance - - -
Unfunded Accrued Liability
2023 Balance $16,110,275 $403,782 $16,514,057
UAL Payment ($1,384,944) ($22,734) ($1,407,678)
Interest $1,001,323 $25,911 $1,027,234
UAL Discretionary Payment - - -
Investment (Gain) / Loss ($1,096,317) ($76,728) ($1,173,045)
2024 Balance $14,630,337 $330,231 $14,960,568
Pension Plan 2024 Funded Level 74.2% 90.5% 76.3%
Funded Level with 115 Trust 74.2% 90.5% 76.3%
FYE 2025
Market Value of Assets
2024 Balance $42,170,305 $3,140,090 $45,310,395
Normal Cost Contribution $652,970 $274,896 $927,866
UAL Payment $1,426,492 $23,416 $1,449,908
UAL Discretionary Payment - - -
Investment Gain / (Loss) $1,283,243 $99,714 $1,382,957
Benefit Payment ($2,778,678) ($5,770) ($2,784,448)
2025 Balance $42,754,332 $3,538,116 $49,071,126
115 Trust Fund Balance - - -
Unfunded Accrued Liability
2024 Balance $14,630,337 $330,231 $14,960,568
UAL Payment ($1,426,492) ($23,416) ($1,449,908)
Interest $897,861 $20,863 $918,725
UAL Discretionary Payment - - -
Investment (Gain) / Loss ($1,283,243) ($99,714) ($1,382,957)
2025 Balance $12,818,463 $227,965 $13,046,427
Pension Plan 2025 Funded Level 76.9% 93.9% 79.0%
Funded Level with 115 Trust 76.9% 93.9% 79.0%
Source: CalPERS Actuarial Valuation Reports as of June 30, 2022 & CalMuni Estimates
East Valley Water District
2024 Pension Policy Compliance Analysis - UPDATE
Page 7
The Normal Cost contributions, UAL payments, and benefit payments estimates were generated
by CalPERS. The investment gain / loss and UAL interest estimates were generated by CalMuni.
It is estimated that the District's Miscellaneous, and PEPRA Miscellaneous plans will be
approximately 76.9%, and 93.9% funded as of FYE 06/30/2025, respectively, before any
additional adjustments that could be made by CalPERS.
The District has adopted a pension liability management policy with a target plan funded level of
85.0%. As demonstrated in Table 4, with the addition of the reduced 2024 UAL the District is
projected to be below the 85.0% target objective. The Policy also recognizes the goal of ultimately
achieving and maintaining a fully funded status of 100% (with the difference between 85.0% and
100.0% being managed through a Section 115 Trust).
AMORTIZATION OF NEW UAL
The reduction in UAL in 2024 and 2025 will be amortized over a 20-year period with a 5-year
ramp-down which can be seen in the two red shaded bases in the graph below.
East Valley Water District
2024 Pension Policy Compliance Analysis - UPDATE
Page 8
Graph 3 illustrates how these amortization payments will impact the District's UAL repayment structure.
Graph 3
East Valley Water District
UAL Repayment with 2024 and 2025 Projected Base Amortizations
Historic Payments
-
$0.2
$0.4
$0.6
$0.8
$1.0
$1.2
$1.4
$1.6
$1.8
$2.0
2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 2038 2040 2042 2044
Mi
l
l
i
o
n
s
Baseline Miscellaneous PEPRA - Misc -2024 Base 2025 Base
East Valley Water District
2024 Pension Policy Compliance Analysis - UPDATE
Page 9
PENSION COST OPTIMIZATION STRATEGIES
The District adopted the UAL Management Policy, which provides guidance on how the District
should approach managing future UAL.
In addition to following the historical practice of prepaying the UAL payments by July 31 of each
year, there are several pension cost optimization strategies that the District may want to implement
to lower its future UAL-related costs pertaining to the outstanding UAL:
- Strategy A: Additional Discretionary Payments to a CalPERS
- Strategy B: Capital Projects
Strategy A: Additional Discretionary Payments
In order to achieve the 85% funded level for each plan, the District would need to make an ADP
to the Miscellaneous plan of approximately $4.5 million to remain in compliance with the policy.
The District is currently contemplating making a $5 million contribution toward it’s CalPERS
liabilities. Were this to be manifested, CalMuni would recommend making the $4.5 million
payment as an ADP to CalPERS and contributing the remaining $500,000 to a 115 Trust
account.
Payments of these amounts would leave approximately $8.5 million in outstanding UAL across
the District’s plans with CalPERS (See Table 4 below) and would generate approximately $2.7
million in savings to the District.
Table 4
East Valley Water District
Estimated UAL ADP to achieve 85%
The remaining UAL after the ADP would have an approximate amortization structure as shown
in Graph 4 below. This structure is only approximate and assumes a level Base paydown with the
ADP noted above. The structure could be adjusted based upon targeting certain bases for
repayment.
Plan Name ADP Remaining
Balance Funded %
Miscellaneous $4,482,543 $8,335,919 85.0%
PEPRA - Misc - $227,965 93.9%
TOTAL $4,482,543 $8,563,884 86.2%
Source: California Municipal Advisors
East Valley Water District
2024 Pension Policy Compliance Analysis - UPDATE
Page 10
Graph 4
East Valley Water District
UAL Repayment with 2024 and 2025 Projected Base Amortizations & ADP
-
$0.2
$0.4
$0.6
$0.8
$1.0
$1.2
$1.4
$1.6
$1.8
$2.0
2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 2038 2040 2042 2044
Mi
l
l
i
o
n
s
Baseline Miscellaneous PEPRA - Misc -2024 Base 2025 Base
East Valley Water District
2024 Pension Policy Compliance Analysis - UPDATE
Page 11
Strategy B: Capital Project Considerations
The District has various capital projects that are required for efficient operations. Should it have
sufficient reserves available to fund those projects and recognizing that UAL carries a 6.8%
interest cost, the District should consider using the accumulated reserves to pay down UAL and
then finance the needed improvements with low-cost tax-exempt funds (see Graph 5 and Table 7
below for savings impact).
While each project would need to be analyzed in more detail to determine financing viability, a
preliminary analysis suggests that there would be significant savings generated for the District
were it to borrow sufficient funds to pay for the projects.
Table 7 provides the annual detailed comparison between the cash flows associated with UAL and
a 12-year financing of a $5 million capital project. By utilizing the capital dollars to pay off UAL
or make contributions to the 115 Trust and financing the capital projects this analysis suggests that
the District could save approximately $746,000 which can be seen in Graph 4 and Table 5 below.
If the District is interested in further analysis on this strategy, CalMuni Advisors is available to
assist with any related financial analyses and financing.
Graph 5
East Valley Water District
UAL Repayment vs Capital Project Cash Flow Comparison
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043
UAL Cost Capital Project
East Valley Water District
2024 Pension Policy Compliance Analysis - UPDATE
Page 12
Table 7
East Valley Water District
Capital Financing Alternatives
Capital Financing
UAL Period 18 2026 $582,801 $536,084 $46,718
Capital Financing Period 12 2027 $604,145 $536,084 $68,061
Tax-Exempt Rate 3.750% 2028 $648,081 $536,084 $111,997
Financed Amount $5,000,000 2029 $630,829 $536,084 $94,746
Cost of Issuance $150,000 2030 $611,199 $536,084 $75,115
2031 $591,930 $536,084 $55,847
2032 $567,936 $536,084 $31,853
2033 $561,209 $536,084 $25,125
2034 $545,920 $536,084 $9,836
2035 $520,151 $536,084 ($15,933)
2036 $266,630 $536,084 ($269,454)
2037 $233,974 $536,084 ($302,109)
2038 $199,346 - $199,346
2039 $171,628 - $171,628
2040 $152,885 - $152,885
2041 $104,144 - $104,144
2042 $52,065 - $52,065
2043 $134,181 - $134,181
Total $7,179,054 $6,433,003 $746,050
Date UAL Cost Capital Project Savings
East Valley Water District
2024 Pension Policy Compliance Analysis- UPDATE
Page 13
CONCLUSION
Proactive pension liability management practices are essential for keeping the District's future
UAL balances and the associated interest costs under control.
Individually, each action provides long-term value to the District. Whether making Additional
Discretionary Payments, utilizing CIP reserves to pay UAL and borrowing the needed funds for
the project or refinancing a portion of the UAL on a taxable basis reducing the District’s exposure
to UAL incrementally each year is important. Each action should be considered and balanced with
other fiscal considerations that the District needs to address but having a goal of incrementally
addressing UAL on an annual basis will support the District’s efforts to build long-term fiscal
resilience.
CalMuni Advisors appreciates the opportunity to serve the District. If you have any questions
about this Pension Policy Compliance Analysis or suggested strategies, do not hesitate to contact
us.
Prepared by:
Andrew Flynn
Managing Director
(415) 310-1255
aflynn@calmuniadvisors.com
1
2 3 4 5
6
0
20
40
60
80
100
120
140
160
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Current Water Year (2026)Average (2010-Current)
5.7
88% Full
(5 mAF)
0
1
2
3
4
5
6
Mi
l
l
i
o
n
A
c
r
e
F
e
e
t
Capacity
Current Storage
Last Year
3.4
82% Full
(2.8 mAF)
2.9
0
1
2
3
4
Mi
l
l
i
o
n
A
c
r
e
F
e
e
t
Capacity
Current Storage
Last Year
Water Supply Update
Groundwater
Bunker Hill Basin Storage
Imported Water
Lake Oroville Total Storage
Surface Water
Santa Ana River Total Inflow
Current Water Shortage Stage
Updated: 2/18/2026
30%
0
5
10
15
20
OCT JAN APR JUL
In
c
h
e
s
Big Bear
State Water
Project
Current Table A
Allocation
0
5
10
15
Oct Jan Apr Jul
In
c
h
e
s
0
10
20
30
40
50
60
Oct Jan Apr Jul
In
c
h
e
s
Highland
Norther Sierra 8-Station
DroughtPrecipitation
Updated: 2/18/2026