ALBUQUERQUE BERNALILLO COUNTY
WATER UTILITY AUTHORITY
BILL NO. R-26-3
RESOLUTION
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Amendment to the Approved Operating and Capital Implementation Program Budgets of the Albuquerque Bernalillo County Water Utility Authority for the Fiscal Year Ending June 30, 2026
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WHEREAS, requirements established under Section 2-1-8, 2006, provide for amendments to the approved budget for the Fiscal Year ending June 30, 2026, that were previously approved under R-25-19; and
WHEREAS, updated financial activity and operational needs during the Fiscal Year ending June 30, 2026, require adjustments to ensure that current budgeted amounts accurately reflect projected revenues and expenditures; and
WHEREAS, appropriations for the Fiscal Year ending June 30, 2026, require an amendment to align the approved budget amounts resulting in a net fund balance and revenue increase of $2,278,440 and a net expense decrease of $4,311,603; now
BE IT RESOLVED BY THE WATER AUTHORITY:
Section 1: That the adjustments are stated below and are hereby made.
General Fund (21):
Investment and Interest Income 2,500,000
Expense 2,500,000
Water 2120 Fund (27):
Revenue - Loan Interest 25,000
Expense (9,775,000)
Rehab Fund (28):
Revenue - Loan Interest 131,000
Expense 131,000
Growth Fund (29):
Revenue (78,694)
Expense (78,694)
Debt Service Fund (31):
Revenue (283,000)
Expense 2,883,000
San Juan-Chama Contractors Association Fund (41):
Revenue (15,866)
Expense 28,090