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Providence Water presents FY26 budget; committee approves ordinances tied to new rates
Summary
Providence Water presented a balanced FY26 operating and restricted‑fund budget built on new rates approved by the Public Utilities Commission; the finance committee approved the ordinances transmitting the budget-related changes.
Providence Water officials presented a proposed FY26 budget to the finance committee on Sept. 9 and the committee moved to approve related ordinances. Sarah Laffrey, Providence Water director of finance, led the presentation with senior staff and described the utility’s revenue and expense outlook.
Laffrey told the committee Providence Water serves roughly 60% of the state’s population in the utility’s service area and presented a balanced budget based on rates approved by the Public Utilities…
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