Mary (last name not provided), presenting the Oct. 13 financial update for fiscal year 2025‑26, reported revenues above expectations for the first quarter and provided line‑item totals for several revenue streams.

Mary said Pueblo Water revenues were about $5,000,000 of a $17,000,000 budget and reclaimed‑water revenue about $524,000 of a $1.4 million budget. Groundwater preservation fees were reported at about $799,000 of a $2.6 million budget. Service fees were approximately $230,000 against a budget of $857,000. Overall, staff reported roughly $6,500,000 in revenues against a total budget of $21.9 million — “so we’re about 30% of our budget, with our revenues,” Mary said.

On expenses, personnel spending was reported at $774,000 and is expected to remain below budget because of continued vacancy savings in operations. Operations and maintenance were at about $1.8 million and were projected to meet budget. Capital spending at the quarter was $47,000 against a $1.6 million capital budget. Mary also noted a debt service payment of $3,000,899.77 made on July 1.

Mary said the utility’s customer base and customer portal enrollment were presented; the transcript lists customer counts and portal enrollment but the figures were presented verbally without a printed table in the packet. Commissioners asked whether growth, new meter connections and impact fees will cover northwest recovery and delivery system costs; staff replied that impact fees pay roughly 60% of that project’s service costs and that rising plan reviews and connections indicate revenue uptick. When asked if hotter months yield higher revenue, Mary confirmed the utility generally collects more revenue in July–December and that current results are consistent with prior years’ patterns.

Mary emphasized that the groundwater preservation fee (GPS) was “super solid” and that at the current $1 per thousand gallons level the program is covering its obligations; she cautioned that the fee is distinct from general water rates. The commission did not vote on rates at the Oct. 13 meeting; Mary said staff will return with rate work later in the budget cycle.