19427 5/30, 6/6/25 NOTICE OF BUDGET AND RATE HEARING
Legal Notices : Public Notices
Order no: | 10118315 |
Publication: | Payson Roundup |
Start Date: | 05/30/2025 |
Expires: | 06/06/2025 |
19427 5/30, 6/6/25 NOTICE OF BUDGET AND RATE HEARING FOR MEMBERS OF THE PINE CREEK CANYON DWID At this hearing any district member may appear in person or by telephone and be heard in favor or against any proposed revenues, rates, fees, taxes, or proposed expenditures. DATE: 6/21/2025 TIME: 9:00 am Location: Pine Creek Canyon DWID District office 3617 N Hwy 87, Suite A, Pine, AZ 85544 Otherwise by telephone For Conference call-in: Teleconference Number 1 (866) 580-6521, Participant Passcode 98193837# Phone in participants will be placed on hold listening to music until the Chairperson starts the meeting. PROPOSED BUDGET FOR 7-1-2025 THROUGH 6-30-2026 Beginning Cash Resources 7/1/2025 (Projected) Operating Cash -NBAZ 10,000 Operating Cash-Gila County 922 30,000 Replacement Reserves-Gila County 926 258,633 Replacement/Repair Reserves for WIFA Loans 80,398 Debt Service Reserve for WIFA Loans 59,735 Total Beginning Cash Resources (Projected) 438,766 Operating Revenues Miscellaneous Fees 1,975 Property Taxes 125,000 Wastewater Fees 107,600 Water Fees 126,800 Total Operating Revenues 361,375 Operating Expenses Administration (106,172) Board of Directors (19,090) Wastewater System (113,165) Water System (134,734) Total Operating Expenses (373,161) Net Operating Income (11,786) Other Income/Expense Other Income (Interest Income) 7,060 Other Expense (Interest Expense) (11,983) Net Other Income/Expense (4,923) Net Income/Expense (16,709) Add Back Non-Cash Depreciation 111,685 Cash Flow from Operations before Capital Expenses, Contributions to Reserves, and Principal Reductions on Loans 94,976 Capital Expenses - Capital Expense-Contingency (6,000) Total Capital Expenses (6,000) Principle Reductions on WIFA Debt (48,200) Contributions to WIFA Reserves - Replacement/Repair Reserves WIFA Loans (10,364) - Debt Service Reserves - WIFA Loans (234) New Debt Proceeds Total Uses of Cash for Capital Expenses, WIFA Reserves, Principle Reductions of WIFA Loans, and additions to Capital Asset Replacements Reserves (64,798) Cash Flow from Operations less Capital Expenses, Principal Reductions on WIFA Debt, Contributions to WIFA Reserves, and Additions to Capital Asset Replacement Reserves 30,178 Budgeted Total Cash Balance (Projected) 6/30/2026 468,944 Summary of Cash Balances by bank account as of June 30, 2026 (Projected) Operating Cash NBAZ 10,000 Operating Cash - Gila County 922 20,000 Replacement Reserves Gila County 926 288,212 Replacement/Repair Reserves for WIFA loans 90,763 Debt Service Reserves for WIFA loans 59,969 Ending Cash Balance as of 6-30-2026 (Projected) 468,944 NOTES: Budget details are available at the District office at 3617 N Highway 87, Suite A, Pine, AZ A $6.00 increase in monthly water rates. No changes in monthly sewer rates. No change in water or sewer impact/connection fees. See posted Rate and Fee Schedule effective July 1, 2025. The 2025-2026 Budget and the Rate and Fee Schedule are available at the website: pccdwid.org., and at the District bulletin board on Ruin Hill Road across from the Wastewater Treatment Plant, and on the gates at the water tank and wastewater treatment plant.