SDWD & Regular City Council Meeting Livestream 01/28/26

The City of Encinitas San Diego Water District Board held a meeting on January 28, 2026, focusing primarily on financial and procurement matters related to water services. The board received and filed the annual financial report for fiscal year 2024-2025, which highlighted revenues exceeding budget by 15%, operating expenditures under budget, and capital replacement projects totaling $3.1 million. The district is currently debt-free but noted reserve funding below target levels, prompting plans for a cost of service update and potential rate increases starting mid-2026. The board authorized staff to incorporate pass-through charges for potable and recycled water into the next cost of service study, aiming to improve transparency and align with regional agencies. This includes setting caps on pass-through rate increases to manage customer impacts. Additionally, the board received an update on the FY 2025-2026 Capital Improvement Program, detailing ongoing and upcoming projects with a total appropriation of approximately $4.44 million, including water infrastructure improvements and pipeline replacements. Motions to approve the consent calendar and the pass-through charge incorporation passed unanimously, reflecting active governance over budgeting, rate setting, and capital projects.