San Agito Water District adopts midyear FY26 budget amendments; board hears reserve shortfalls and vehicle outfitting request

San Agito Water District finance staff presented a midyear FY26 financial report and the board unanimously adopted Resolution 2026-02 to amend the budget. Finance Manager Aguilar told the board the district has received about 52% of its budgeted revenue to date, or $13,200,000.

The presentation laid out the largest revenue categories and current spending. Aguilar said potable water sales are at roughly 47% of budget and potable meter service charges at 57%. She noted capacity fees appear 484% over budget but represent only about 5% of total revenue. On expenditures, Aguilar said the district is under budget overall at 47%, with capital improvement project (CIP) spending at roughly $1,500,000 to date and personnel spending at about 54%.

Aguilar said the district is below target on its capital improvement reserve and currently has no funds set aside for rate stabilization. "We are below target in our capital improvement reserve and currently have no money available to set aside for rate…