Fiscal Year 2026 budget, revenues and rates.

Staff Report & Agenda Item Details

Fiscal Year 2026 budget, revenues and rates. Mr. Marez and Ms. Wagner presented the proposed budget and stated that the budget is based on an increased Handling Charge of $0.60/1,000 galions and a total sales volume of approximately 545 million gallons comprised of a contracted amount for the City of Kingsville and five-year averages for the remaining customers. Additionally the Corpus Christi cost of water decreased by about $0.09/1,000 gallons. The proposed budget was sent to the wholesale customers for a 30- day review and comment period and no comments were received. Mr. J. Morales commented that he is ok with the presented budget and noted that the loss is due primarily to capital expenditures which are necessary and important to maintaining the pipeline. Mr, D. Morales questioned the accuracy of the beginning balances shown on the budget worksheets. Ms. Wagner explained that she worked off the ending balance from the previous year but the net change illustrates the correct activity, Mr. D. Morales said that for next year, he would like to see trends showing the previous year versus the current year. STWA Regular Meeting Minutes September 9, 2025 Page 3