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Nogales water fund shows $369,280 shortfall in FY2026 preliminary budget; council asked to delay interfund loan and allocation
Summary
City finance staff told the council the water enterprise fund cannot be balanced in the FY2025-26 preliminary budget and requested postponing a prior loan repayment and a general-fund allocation to cover the gap.
Finance staff told the Nogales City Council during the May 14 budget workshop that the water enterprise fund is the only department the proposed FY2025-26 budget does not balance.
According to the presentation, the water fund’s FY2025 reserve was roughly $111,000. The proposed FY2026 budget shows no reserve and a projected shortfall of $369,280 if current assumptions and obligations remain unchanged. Staff recommended postponing a…
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