Friday, 17 May 2024

HVL Community Services District approves budget with no increases

HIDDEN VALLEY LAKE – Even though it looks to be a tight budget year for the Hidden Valley Lake Community Services District, ratepayers won't have to worry about paying higher rates.


Last week the district's board of directors approved a tight budget with no rate increases for the fiscal year 2008-2009.


The budget reflects less revenue from the prior year due to the forecast of foreclosures and the economy, which in return gives the district a slim operating budget, according to a report from the board.


The district reported that it is able to sustain its operations by pumping during off-peak hours to obtain the lowest power costs, and running an effective, efficient water and sewer system through the water infrastructure project and the sewer system projects.


The district also continues to operate with the same number of employees as in 1992, the board reported.


The last rate increases were in August 2007, according to the district.


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