Water Fund Solvency and Proposed Rate Increase
Summary
The city is applying for a $10 million WIFA loan to help secure an $8 million matching grant from the NAD Bank to replace century-old, asbestos-lined water pipes in the Nogalitos area.
At a glance
- Total mentions
- 4
- Last 30 days
- 0
Last discussed May 20, 2026.
Impact analysis
Involves a loan of up to $10 million paired with an $8 million matching grant.
Residents and property owners in the Nogalitos area who will receive modernized water lines and improved service reliability.
None
Mentions & discussions (5)
Mayor and City Council - May 20, 2026
To cover a $1.3 million deficit in the Water Fund, the city transferred general fund reserve money and recommended a 25% water rate increase (about $3 per month) to address aging infrastructure.
Mayor and City Council - May 12, 2026
Faced with a $1.3 million operating deficit and a zero fund balance, the city is proposing an immediate 25% base water rate hike to keep operations afloat and satisfy state auditors.
Mayor and City Council - Apr 1, 2026
Council members reviewed financial reports highlighting a deficit in the water utility fund and discussed ongoing billing system upgrades.
Mayor and City Council - Feb 4, 2026
The city is applying for a $10 million WIFA loan to help secure an $8 million matching grant from the NAD Bank to replace century-old, asbestos-lined water pipes in the Nogalitos area.
OFFICIAL PUBLIC ADVISORY Misleading "Community Water Test" Notices
News Flash City News Posted on July 13, 2026 Related News ...
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