The 2020 Budget for Platte Canyon Water and Sanitation was adopted by the Board of Directors on November 22, 2019 and projects a revenue of just over $4M with operating and capital expenses totaling $4.86M. This will result in a deficit of approximately $846,500 and a reduction in District reserves from $9.2M to $8.4M. 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. This Plan identifies $1.7M of needed infrastructure projects in 2020 with a total of $18M over the next 10 years. There are five water main replacement projects scheduled for construction in the summer of 2020. These projects will replace old cast iron pipe with new PVC pipe. 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.