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Lake Havasu City presents $197M five‑year CIP; staff warns water, sewer rates likely to rise in later years
Summary
City staff presented a balanced FY27 budget and a $197 million five‑year Capital Improvement Plan that depends on rate increases for water and wastewater in years 3–5, highlights the second‑bridge and utility work, and flags carryovers and capacity constraints for year‑one implementation.
City staff presented the proposed fiscal‑year 2027 budget and a five‑year Capital Improvement Plan (CIP) worth $197 million at a council work session on April 16, 2026. Staff said the FY27 focus is on year‑one projects and that the CIP is ‘‘balanced and fully funded’’ only if the utility rate adjustments planned for years three through five are implemented.
City manager Mr. Kudson opened the session and warned that ‘‘the money tree is dying’’ for ongoing revenues, saying the city relies heavily on tourism‑driven sales taxes to fund general operations. Finance director Miss Olsen reviewed budget‑to‑actual results for FY26, explained carryforwards (projects not completed by June 30) and said…
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