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Manchester water utility projects $1 million shortfall in FY26 draft budget; board proposes 3% rate increase
Summary
At its April 24 meeting the Board of Water Commissioners reviewed a FY26 draft budget that shows expenditures outpacing revenues by about $1 million and discussed a proposed 3% rate increase starting Oct. 1, 2025; a final vote is expected in June.
The Board of Water Commissioners reviewed a draft fiscal year 2026 budget at its April 24 meeting and heard officials say expenditures will exceed projected cash inflows by about $1 million, leading staff to recommend a 3% rate increase beginning Oct. 1, 2025.
Board President Hamer opened the discussion as the director and finance staff presented a high-level budget summary showing total capital and operating expenditures of roughly $26.7 million and, after long-term debt, about $32 million. Staff said projected revenue, capital financing and transfers total…
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