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Agency previews FY25–26 budget; board schedule vote for April 23
Summary
Agency staff reviewed the FY25–26 budget proposal and a financial dashboard, reporting lower operating needs as the agency shifts from construction to operations and noting a formal board vote on April 23 and member ratification by June 30.
Agency administrator Dan Hoynes and treasurer Mark Setout presented the Sarpy County and Cities Wastewater Agency’s proposed fiscal year 2025–26 budget during the March 26 meeting, and the board set a formal vote for April 23.
Hoynes summarized a recap of the current budget, highlighted certainties and operational uncertainties from a Corallo Engineering rate study, and reminded the board that staff must review connection fees and rates before the end of FY26 as required by the prior resolution. Mark Setout reviewed the financial dashboard and noted revenue and expense variances.
Why it matters: The board must adopt the FY25–26 budget at its April 23 meeting, and each of the six member governing bodies must ratify the agency’s formation/budget by June 30. The agency’s revenue mix (connection fees, user rates and pilot funds) and timing of trunk-line construction shape whether the agency will need county reserve support.
Key financial points: Setout said there was no change to connection fees in the proposal and that the agency recorded its first flow revenue from Sarpy County of $16,900 and a flow-meter reimbursement of roughly $146,000 (as read in the meeting). He reported miscellaneous income of $10,000 related to maintenance in Oakleaf Subdivision and said interest income ticked up slightly. Loan balances increased to about $17,000,000 from about $16 million the prior month. The agency’s cash position fell by about $1.5 million, primarily from a payment for Omaha connection fees of roughly $1.24 million.
Budget framing and assumptions: Hoynes said the proposed FY25–26 budget reflects a shift away from primary construction toward operations. The agency projects that connection-fee and rate revenue will cover debt service for the coming year, while cash on hand will be used for operational expenses. Staff said operations and maintenance budgets will drop by about 19% while O&M equipment purchases (e.g., a bobcat and a UTV) increase; personnel and benefits are expected to rise about 12%, with health-insurance costs up roughly 32% based on the county plan.
Next steps and timing: The board will formally vote on the budget on April 23. Hoynes reminded members that the agency formation and budget must be ratified by each of the six members’ governing bodies by June 30.
Ending: The April 23 meeting will include the formal budget vote; staff will return with the complete FY25–26 budget detail for review before that meeting.
