RES 26-1521: Pertaining to recommending a 2027 budget to Saint Paul City Council for approval.

Description

Pertaining to recommending a 2027 budget to Saint Paul City Council for approval.

Summary

Board Resolution 26-1521 recommends that the Saint Paul City Council approve SPRWS’s proposed 2027 budget. The $135.2 million plan serves about 450,000 customers in Saint Paul and neighboring communities, funding operations, debt service, capital improvements, reserves, and lead-service-line replacements. It proposes higher water and base fees, a water-main surcharge increase, and a 5% reduction in Saint Paul’s right-of-way fee. A typical residential account would rise by about $2.94 monthly, to $41.33. The proposal also includes $22.6 million in grant-funded Lead Free work and $30.2 million for infrastructure, while adding $5 million to unrestricted reserves. Final adoption requires City Council approval.