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SRU presents FY2026 budget and recommends 4% rate increase; river pump-station funding remains uncertain
Summary
Salisbury Rowing Utilities (SRU) presented its proposed FY2026 budget and capital plan and recommended a 4% utility-rate increase for planning purposes while alerting council that the river raw-water pump station grant funding may be in jeopardy.
Salisbury Rowing Utilities (SRU) presented its proposed full-year FY2026 budget to City Council April 15 and recommended a 4% rate increase for water and sewer customers as part of a multi-year plan to sustain capital investment and maintain debt-service coverage.
SRU Director Jason Wilson and Raftelis consultant Piper Brandt walked council through the utility’s operating budget, capital-improvement priorities and condition metrics. The utility reported a current FY2025 operating budget around $39 million and said it has invested roughly $150 million in capital projects over the last 15 years. SRU serves an estimated 53,000 customers in the…
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