Click the link to read the article on the Pagosa Springs Sun website (Josh Pike). Here’s an excerpt:
December 26, 2024
Drops wastewater rate increase from 30 percent to 10 percent
At a Dec. 20 special meeting, the Pagosa Area Water and Sanitation District (PAWSD) Board of Directors approved the district’s 2025 budget…The 2025 budget includes $1,345,822 in revenues for the PAWSD general fund, primarily from property taxes, and $1,647,189 in expenditures, a 20 percent increase from 2024…The budget indicates that legal and professional spending, as well as spending on maintenance and computer support and upgrades, are anticipated to increase in 2025…
The general fund balance at the end of 2025 is projected to be $1,448,928, down 17 percent from the end of 2024…The PAWSD water enterprise fund is projected to receive $33,450,308 in revenues, including $5,609,336 in service charge revenue, $1 million in capital investment fee (CIF) and raw water acquisition fee revenue, and $25.2 million in loan proceeds, which will be used for the continued construction of the Snowball Water Treatment Plant expansion. Overall, revenues for the fund are projected to rise 5 percent from 2024. Expenditures for the fund are budgeted at $35,934,411, an 18 per-cent increase from 2024