Fiscal Year 2019 Budget Approved

Fiscal Year 2019 Budget Approved

The Long Creek Watershed Management District’s (“LCWMD”) Board of Directors is pleased to announce the approval of the 2019 Fiscal Year (July 1, 2018 to June 30, 2019) budget.

The 2019 Fiscal Year budget funds: design and construction of the habitat restoration project for the Main Stem of Long Creek; inspection, maintenance, repair, and landscaping of previously-constructed stormwater Best Management Practices; the Long Creek water quality monitoring program; pavement sweeping; catch basin cleaning; education and outreach activities; and administrative functions.

The Board maintained the flat funding for the 2019 Fiscal Year with an assessment rate of $3,000 per acre of impervious area resulting in a projected Net Income of $1,517,314.88, projected Net Expenses of $1,974,581.02, and a projected Net Loss $457,266.14. The loss is covered by using cash reserves and is primarily related to construction of the Main Stem Restoration Project.

Full details of the approved budget including a Budget Narrative, Profit and Loss Statement, and Projected Statement of Cash Flows is available on the District’s website.

Posted in: General News 
Post Date: Wednesday, July 11, 2018 8:06 AM