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San Dieguito Water District board moves to adopt FY 2025–26 operating and capital budget; Lake Hodges reserve reduced for near‑term constraints
Summary
Finance staff presented a revised FY25‑26 budget that factors an assumed 10–12% County Water Authority rate increase; the board moved to adopt two resolutions implementing the operating and capital budgets and discussed a planned multi‑year Lake Hodges repair reserve schedule.
The San Dieguito Water District board moved on June 18 to adopt the district’s fiscal year 2025–26 operating and capital budget, a package that staff said reflects recent County Water Authority rate assumptions and adjusts a Lake Hodges repair reserve schedule.
Finance Manager Mary Kazangu told the board that the draft budget presented last month assumed a roughly 16% rate increase from the San Diego County Water Authority but that more recent discussions pointed to a lower increase in the…
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