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Mountain Regional Water projects treatment-plant expansion, seeks WIFIA loan and proposes 5% average rate increase
Summary
Mountain Regional Water presented a 2026 tentative budget and a proposed 5% average rate increase (tiered), outlined an amended 2025 budget to cover WIFIA loan closing costs and reported maintaining an AA Fitch rating while planning a ~$38.9M treatment-plant expansion funded by a WIFIA loan.
Mountain Regional Water officials told the Summit County Council they expect production and wheeling changes in 2026 (reduced wheeling to Summit Water) and presented revenue/expense forecasts and a capital program that includes a proposed treatment-plant expansion.
Key points: the district forecast a drop of roughly 531 acre‑feet in production next year as wheeling…
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