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Wells Branch MUD closes fiscal year about $7.5 million favorable to budget, approves payments and transfers
Summary
Accountant Allen Douthitt reported an approximately $7.5 million positive variance at fiscal-year end; the Board approved payment of bills and fund transfers and authorized the District Manager to file the MS4 annual report with TCEQ consistent with prior practice.
Accountant Allen Douthitt told the Wells Branch Municipal Utility District Board on Nov. 18 that the District finished the 2025 fiscal year roughly $7.5 million "to the good," a variance he attributed to several budgeted projects that had not been undertaken during the year. Douthitt said his office is closing the books in preparation for the annual audit.
Following his presentation, the Board voted unanimously to approve payment of all bills and invoices reflected in the Disbursement Report and to approve the fund transfers identified in the report. Motions were made and seconded and carried without dissent.
Separately, as part of the consent agenda the Board ratified the administration and filing of the TPDES Phase II MS4 Annual Report for the North Austin Stormwater Quality Coalition and authorized the District Manager to execute and file the report with the Texas Commission on Environmental Quality in December consistent with prior practice.
The Board did not adopt rate changes at the meeting; the Finance Committee continues to evaluate alternative retail rate structures, including fixed-rate scenarios and comparisons to City of Austin rates.
The District’s books will be closed and forwarded to auditors as part of the standard year-end financial process.
