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El Paso Water reports $6.8 million in stormwater fund after Q3; board asks where $420,000 sale will come from
Summary
El Paso Water presented the third-quarter report for the 10% stormwater fund, reporting a $6,765,540 balance and answering board questions about a $420,000 land transfer to the State Park and planned future property expenses. Staff said they will confirm funding sources by email.
El Paso Water real estate manager Jonathan Versal/Persol presented the third-quarter financial report for the 10% stormwater fund and answered board questions about recent and upcoming property transactions. "The balance as of 09/01/2025 was 5,631,118," he said, and added the quarter's allocation from the utility fee was $1,110,621, interest earnings were…
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