SDWD & City Council Meeting 02/18/2026

The City of Encinitas San Dieguito Water District (SDWD) Board meeting on February 18, 2026, focused primarily on the midyear fiscal budget report for FY26. The report highlighted that 52% of budgeted revenue had been received, with potable water sales and service charges tracking as expected. Expenditures were under budget at 47%, with $1.5 million spent on capital improvement projects (CIP) to date. The board discussed the need for a budget increase to fully outfit a replacement valve truck, including specialized equipment for valve maintenance, with funding partially from operating funds and auction revenue from old vehicles. The board also reviewed reserve fund statuses, noting shortfalls of $4.22 million in the capital replacement reserve and $3.3 million in the rate stabilization reserve, which was part of a strategy to minimize rate increases. Additionally, the board approved a resolution to amend the budget to reflect increased revenue from a prepaid infrastructure access charge and auction sales, and to cover higher water treatment costs due to updated Santa Fe Irrigation District figures. The meeting concluded with no public speakers and unanimous approval of the budget amendments.