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Fox Canyon board adopts FY 2026–27 budget and keeps sustainability fee at $24 per acre‑foot
Summary
The board adopted the FY 2026–27 FCGMA budget, formalized a fiscal reserve policy and directed staff to collect a reduced groundwater sustainability fee of $24 per acre‑foot for the coming year (if no adoption the fee would revert to $29). The agency will use reserves to offset a projected operating shortfall.
Agency staff presented the proposed FY 2026–27 budget and a new fiscal reserve policy intended to stabilize rates and cover timing differences in expenses. John Demers told the board the fiscal committee recommended continuing collection at $24 per acre‑foot rather than the full $29 established by a 2022 resolution; staff said this reduced collection level was already used in preparing budget documents and that, absent board action, the fee would revert to $29.
Demers explained the draft budget anticipates using working capital reserves to offset an expected operating shortfall and noted the budget incorporates a two‑installment repayment of a prior loan to the operating account. After discussion and a public comment praising committee work, the board voted to adopt the FY 2026–27 FCGMA budget and directed staff to collect the $24 per acre‑foot sustainability fee for the coming year.
