Board August 6th, 2024 Special Meeting Minutes
1. Roll Call 8:55am Present:
Gary A. Young; Chairman
Wayne Irelan; Vice-Chair
Erine Brown; Treasure
James Stewart; Director
Jeff Brauch; Director
Others Present:
Eric Bailey; Secretary
John Budde; Finance/Office Manager
2. Public Comments
No public present.
3. Financial Planning Discussion
John Budde and Eric Bailey presented on the Capital Planning for the next ten years. Including, the District's history on rates, strategy for financial reserves, growth projections and capacities for the District's various infrastructure needs.
The Board directed staff to begin planning around a rate increase for 2025 and prepare additional information for growth potential in the various collection basins. They also directed staff to include financial planning related to pending regulatory changes as described by CDPHE in their 1O Year Water Quality Roadmap.
4. Other Business
No further business was discussed.
5. Adjournment-Time 10:43am am
Moved by Director Irelan Seconded by Director Brown Carried: 5-0
Signed by Secretary Bailey
Signed by Chairman Young