On Wednesday, November 12, 2025 at the regular meeting of the TCWD Board of Directors, the proposed budget for 2026 was approved. A copy of the approved budget is available below.
OPERATING REVENUE AND EXPENSE
In 2025, actual Operating Income is projected to be $149,912 as compared to a budget of $139,898.
In 2026, Operating Income is budgeted at $147,319. This income is 1.7% below the 2025 projections. Conservative estimates for Interest on Investments in 2026 vs. projected actuals in 2025 are the reason for the apparent decrease.
Operating Expenses (including Contingency and Depreciation) for 2026 are budgeted to be $194,907 which is 39.3% above the 2025 budget. This increase in budgeted expenses is due to the need to begin work to mitigate PFAS in the water system.
| | Timber Creek Water District | | | | |
| | | | | | |
| Fiscal Year Beginning General Fund Balance | 285,154.27 | 285,154.27 | 285,154.27 | 324,615.99 | |
| | Jan - August 2025 Actual | 2025 Adopted Budget | Jan - Dec 2025 Estimate | 2026 Budget | % of 2025 Budget |
| Revenues | | | | | |
| 40100 Property Taxes | 45,624.00 | 46,398.00 | 45,871.04 | 44,382.00 | 95.7% |
| 40200 Delinquent Taxes | 32.59 | 0.00 | 0.00 | 0.00 | |
| 40300 Specific Ownership Taxes | 1,120.19 | 3,200.00 | 1,200.00 | 1,200.00 | 37.5% |
| 40400 Water User Fees | 69,450.00 | 90,000.00 | 89,666.68 | 93,687.00 | 104.1% |
| 40500 Tap Fees | 2,600.00 | 0.00 | 2,600.00 | 0.00 | |
| 40600 Late Fees | 360.00 | 200.00 | 360.00 | 200.00 | 100.0% |
| 40700 Interest on Investments | 5,445.13 | 50.00 | 10,194.00 | 7,800.00 | 15600.0% |
| 40800 Interest on Taxes | 17.73 | 50.00 | 20.00 | 50.00 | 100.0% |
| Interest on Past Due Accounts | 0.00 | 0.00 | 0.00 | 0.00 | |
| Release of Bond Debt Reserve to Operating | 0.00 | 0.00 | 0.00 | 0.00 | |
| Total Revenues | 124,649.64 | 139,898.00 | 149,911.72 | 147,319.00 | 106.4% |
| | | | | | |
| Expenditures | | | | | |
| 70100 System Maint & Testing | 7,829.20 | 10,000.00 | 9,500.00 | 10,300.00 | 103.0% |
| 70110 PFAS | 0.00 | 0.00 | 0.00 | 63,000.00 | |
| 70125 Administrative Contract Fees | 38,640.00 | 61,740.00 | 57,960.00 | 63,592.20 | 103.0% |
| 70150 System Repairs & Improvements | 5,551.92 | 22,000.00 | 12,000.00 | 22,660.00 | 103.0% |
| 70200 Utilities | 5,278.00 | 7,500.00 | 7,100.00 | 8,240.00 | 109.9% |
| 70250 County Treasurer Fees | 2,250.00 | 3,500.00 | 2,500.00 | 3,000.00 | 85.7% |
| 70300 Advertising | 0.00 | 500.00 | 0.00 | 100.00 | 20.0% |
| 70350 Dues and Subscriptions | 0.00 | 500.00 | 380.00 | 400.00 | 80.0% |
| 70400 Insurance Expense | 0.00 | 6,325.00 | 5,300.00 | 6,325.00 | 100.0% |
| 70540 Office Supplies | 0.00 | 500.00 | 0.00 | 0.00 | 0.0% |
| 70550 Licenses and Fees | 228.00 | 350.00 | 300.00 | 350.00 | 100.0% |
| 70650 Legal | 6,143.62 | 8,000.00 | 7,500.00 | 8,240.00 | 103.0% |
| 70700 Accounting | 5,040.00 | 7,560.00 | 7,560.00 | 8,700.00 | 115.1% |
| 70750 District Secretary | 0.00 | 0.00 | 350.00 | 0.00 | |
| 70800 Bank Service Charges | 0.00 | 0.00 | 0.00 | 0.00 | |
| 70850 Debt Service (Interest & Princ) | 0.00 | 0.00 | 0.00 | 0.00 | |
| 70900 Capital Improvements | 0.00 | 0.00 | 0.00 | 0.00 | |
| 70930 Depreciation | 0.00 | 34,391.00 | 34,391.00 | 34,391.00 | 100.0% |
| 70950 Contingency Reserve | 0.00 | 11,423.00 | 0.00 | 0.00 | 0.0% |
| Total Expenditures (excluding depreciation) | 70,960.74 | 139,898.00 | 110,450.00 | 194,907.20 | 139.3% |
| | | | | | |
| Total Revenues | | | 149,911.72 | 147,319.00 | |
Transfer from (negative)/to General Fund for operations | | | 39,461.72 | -47,588.20 | |
| | | | | | |
| Fiscal Year Ending General Fund Balance | | 296,577.27 | 324,615.99 | 277,027.79 | |
