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PSA approves transfers and 2027 budget amendments including funds for master meters
Summary
The board approved a transfer of operating cash to capital-improvement accounts and amended both the water and wastewater 2027 budgets — including a water master-meter replacement line — on unanimous roll calls (6 ayes).
Angie (speaker 7) presented three resolutions: a transfer of operating cash to the capital-improvement fund and two budget amendments (one to fund Justin's wastewater needs and one to replace water master meters). She reported fund balances for June 30: water operating cash about $3,750,000 and wastewater about $2,200,000, and said best practices call for holding about six months in operating reserves.
During presentation Angie stated an intended transfer: "We're proposing to move $2,500,000,000 to capital improvements for water and 1.25 for wastewater," a numeric transcription that conflicts with other statements in the meeting about leaving approximately $1,000,000 in each operating fund; staff materials should be consulted to confirm the intended transfer amounts. Following discussion the board moved on the 2027 capital-improvement transfers; the roll call returned six ayes and the transfers were approved. The board then approved the water-budget amendment to fund replacement master meters (motion and roll call, six ayes) and an amended wastewater budget (motion included an added $25,000; passed on roll call, six ayes). A separate procedural exchange recorded a debate over purchasing a 1,500- vs. a 2,500-series pickup truck as part of the equipment request; one board member said they could not vote for a 1,500 model if the board standard is 2,500.
Provenance: topicintro SEG 687, topfinish SEG 976.
