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CCUSA presents FY25 budget snapshot: $6.7M operating costs, limited unencumbered funds

Campbell County Service Authority and Campbell County Board (joint workshop) · September 17, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Staff told the joint workshop that FY25 operating expenses are about $6.7M, routine capital maintenance about $1.5M, and CCUSA holds $14.1M in bank balances though much is encumbered, leaving roughly $1.2M unreserved for new capital. Staff signaled possible rate action in coming years depending on project schedules.

Campbell County Service Authority staff outlined the authority's fiscal picture for FY25 and how current balances and fee structures relate to capital planning.

Staff reported FY25 operating expenses of roughly $6.7 million and an annual capital-maintenance program of about $1.5 million to keep existing facilities operating. The authority reported total cash balances of approximately…

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