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Montecito board directs consultant to use debt-issuance option in sewer rate study

Montecito Sanitary District Board · March 2, 2026
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Summary

Following a presentation from Robert D. Niehaus, Inc., the Montecito Sanitary District Board directed staff and the rate study consultant to follow the debt issuance option and associated rates shown on page 72 of the board packet; Director Johnson abstained from the vote.

The Montecito Sanitary District Board on March 2, 2026, received a presentation from Anthony Elowsky of Robert D. Niehaus, Inc. on the district’s sewer rate study and voted to adopt the debt-issuance funding option reflected on page 72 of the board packet. On motion by Director Barrett, seconded by Director Newquist, the Board directed staff and the consultant to proceed with the debt issuance option and to return a future agenda item proposing reserve adjustments for incorporation into the rate study at the next regular meeting. The motion passed with AYES: Directors Barrett, Newquist, Ohlmann and Rockenbach; ABSTAIN: Director Johnson; NAYES: none.

The minutes record the Board’s direction but do not include the underlying fiscal tables or the dollar amounts associated with the debt issuance option; the vote references the consultant’s packet page number (page 72) for the selected scenario. The Board asked staff to prepare follow-up material on reserve adjustments to be considered at the next Regular Board Meeting on March 11, 2026.