The 2020 Budget for Southwest Metropolitan Water & Sanitation District was adopted by the Board of Directors on November 22, 2019 and projects a revenue of approximately $2.2M with total expenses at $2.7M. This will result in a deficit of $540,700 and reduction in District reserves from $24.68M to $24.14M. The District does not receive any property tax revenue. Service fees amounting to $1.4M and investment income of $490,000 produce most of the total District revenue. For more information on the budget, see the full article that was published in the December 2019 edition of our Quarterly Newsletter. The detailed 2020 Budget can be found on the District’s website under Financial Information.
The Board of Directors approved the 2020-2029 Capital Master Plan (Plan) on November 22, 2019. The Plan identifies $520,000 in capital projects next year and $9.7M over the next ten years. There are three water main replacements scheduled for construction in the summer of 2020. No sewer facility, building or equipment capital projects are scheduled for construction in 2020. For more information on the Plan and a detailed list of the 2020 projects, see the full article that was published in the December 2019 edition of our Quarterly Newsletter.