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Peace River Authority Approves FY2026 Budget, Sets Rates for Coming Year
Summary
The Peace River Manasota Regional Water Authority unanimously approved its FY2026 final budget and a resolution formalizing rates, votes that finalize planned capital spending and modest rate increases while removing a solar project from the FY26 funding plan.
The Peace River Manasota Regional Water Authority on Aug. 6 unanimously approved a final budget for fiscal year 2026 and adopted Resolution 2025‑09 to set rates, fees and charges for the coming year.
Staff presented the final FY2026 budget as an enterprise fund supported by water sales and planning assessments rather than taxes. Presenters said the facilities portion of the budget rose significantly from the tentative plan largely to reflect capital expenditures tied to the Peace River Facility (PRF) expansion and related projects; staff described an aggregate CIP projection of roughly $259 million for FY2026 projects. Authority staff recommended a modest…
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