All Systems
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A Resolution approving appropriations for the 2025-26 All Systems Annual Budget, amending the 2024-25 Annual Budget and providing rates and charges for System Services of the North Texas Municipal Water District; Resolution No. 25-46
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SUBJECT
recommendation
Adopt Resolution No. 25-46 authorizing the appropriation of funds for the Amended 2024-25 Budget of $829,789,945 and the 2025-26 Budget of $902,390,685.
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PURPOSE
To maintain rigorous financial management, the Board of Directors annually adopts an amended budget for the current fiscal year and a new budget for the fiscal year starting October 1. The new annual budget provides funding authorization for all Operations, Administration and Debt Service requirements for the fiscal year starting October 1, 2025, and ending September 30, 2026.
RECOMMENDATION
Recommend the Board of Directors adopt Resolution No. 25-46, "A Resolution Approving Appropriations for the 2025-26 All Systems Annual Budget, Amending the 2024-25 Annual Budget and providing Rates and Charges for System Services of the North Texas Municipal Water District.”
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Committee: |
This was an item on the June 11, 2025, and September 10, 2025 Finance Committee meeting agenda |
DRIVER(S) FOR THIS PROJECT
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Strategic Objective: |
2.3 Rigorous Financial Management |
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☐ Regulatory Compliance |
☐ Asset Condition |
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☐ Capacity |
☐ Redundancy/Resiliency |
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☐ Relocation or External Requests |
☐ Operational Efficiency |
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☐ Safety |
☒ Administrative |
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☐ Policy |
☐ Other _____________ |
BACKGROUND
The Annual All Systems Budget, rates and charges information was reviewed with the Finance Committee in June and September 2025. In July 2025, the budget was presented in a Budget Work Session. The budget was reviewed with the full Board at the August 2025 Board meeting.
Attached is a copy of the proposed Budget Resolution No. 25-46, which is required by State Law and the District’s service contracts to appropriate funds for operations, maintenance and debt service and to establish rates and charges for the District’s operations.
FUNDING
N/A