mountainecho.com

FALL RIVER MILLS – Fall River Valley Community Services District board spent considerable time listening to a variety of opinions of the district’s proposed budget before reaching a compromise, sending it back to the budget committee for further cuts. The $427,674 operating budget plus an additional $70,483 in expenses not offset system improvements already approved by the board, bond payments at an ambitious $84,000 in depreciation left the original budget $74,557 in the red.
The budget was controversial because the board expects to start the procedure for a rate increase to generate the additional income needed by the district.
The budget presented Wednesday night left a 10% deficit. In an effort to walk the financial tightrope between customer and district needs, the board compromised and sent the budget back to committee instructing them to figure out how to cut the overage in half, to 5%.