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Board approves 10‑year capital funding projection including biosolids program; modest rate increases planned
Summary
The board approved a 10‑year capital funding projection that includes $1.4 billion for treatment system needs (including biosolids) and $217 million for collection; finance director outlined modest rate increases and planned debt issuances to fund projects.
The Sacramento Area Sewer District board on Sept. 10 approved a 10‑year capital funding projection that incorporates the recently presented biosolids program and calls for modest rate increases and several future debt issuances.
Director of Finance Tepper Banda presented the long‑term financial plan update, saying the district is in strong fiscal health but will need to balance capital needs — including the biosolids program — against rate impacts. "Sac Sewer is in excellent financial condition, and that's puts us in a really good place to deal with all these problems that we're talking about," Banda said.
The board approved the capital funding projection by roll call. Banda summarized the projection as approximately $1.4 billion in treatment‑system capital spending and $217…
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