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Sarpy County and Cities Wastewater Agency adopts FY25-26 budget, projects $934,000 shortfall
Summary
The Sarpy County and Cities Wastewater Agency approved a FY25-26 budget that shifts the agency from construction to operations, forecasts a $934,000 net income loss, and assumes $8 million in right-of-way acquisition funding from the WIFIA loan pending lender approval.
The Sarpy County and Cities Wastewater Agency on May (meeting date not specified in transcript) approved its fiscal year 2025–26 budget, moving the agency’s finances from a primary construction posture into an operations footing while forecasting a $934,000 net income loss for the year.
The budget presentation by agency treasurer Mark Sedout said the agency expects connection fees and rate revenue to cover debt-service obligations for the year, while other operational costs will be paid from cash on hand as the system transitions to regular operations. Sedout said the agency projects a $2.2 million surplus in connection fees versus prior model expectations and a lower overall borrowing amount through WIFIA, both of which improved the debt-service coverage compared with last year’s rate model.
Sedout outlined several notable line-item…
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