Financial Summary – First Half – Fiscal Year 2024/2025 (July through December)

At the half-way point, the key financial highlights are:

Revenue from usage has recovered a bit after very low water usage in Q1
We’ve seen much more emergency repairs than in prior years. We’re still within budget if, with luck, no breaks in the 2nd half.
We continue to rebuild our reserves as we expend less on capital projects (this year) and due to new, higher Capital Charge
As we go into the budgeting process we’ll do some detail forecasting, in the meantime, we should finish the year in very good shape.

Note: We are using an easier report format for this web page. No longer breaking out numbers by Fund and now summarizing more account line items. You can get more details by clicking the report links at the bottom of this page.