Los Lagos CSD opens and closes public hearing on FY2025–26 budget; no speakers on budget item

Staff presented the final budget for fiscal year 2025–26, noting the district fiscal year runs from July 1, 2025, to June 30, 2026, and that staff expect a large carryforward from the current year. The presentation highlighted projected revenues and expenses, and identified major professional services expenditures — particularly engineering and environmental work tied to the wastewater project — that drive next‑year expenses.

Staff said the starting reserve is just below $59,000, and that a carryover scenario shows beginning balances and revenues combining to give the district about $610,000 in working capacity for the next fiscal year; major line items included professional services and environmental work tied to the wastewater project. The board opened the public hearing for comments and, finding none on the budget item, closed the hearing and proceeded to the consent agenda.