Finance Manager at Cross Valley Water District
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General Manager
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The board meeting agenda includes an executive session to consult with legal counsel regarding legal risks and potential litigation, with the possibility of taking action on a proposed settlement. Additionally, the business items include a discussion and potential action concerning an agreement between the district and the Woodinville Water District.
The document outlines the agenda for a public hearing scheduled for 2:30 PM concerning utility rates. Key discussion points include the presentation of Water, Sewer, Miscellaneous Rates & Connection Charges by FCS Group, followed by comments from Commissioners and the public, concluding with the close of the public hearing before reconvening the regular meeting.
This document, the 2020-21 Water Rate Outlook for Cross Valley Water District, outlines updated water rates to ensure sufficient revenue for operating, debt, and capital expenditures over a six-year period, with a primary focus on 2020-21. It details anticipated expenses for operations, debt repayment, and capital investment, emphasizing system replacement and improvements. The outlook recommends a 6.0% annual rate increase for both 2020 and 2021 to maintain fiscal responsibility, ensure long-term system sustainability, and provide continued safe and reliable water service while minimizing drastic customer impacts.
Extracted from official board minutes, strategic plans, and video transcripts.
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