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TVWSD FY25-26 Amended Budget

Page 1

FY 7/1/25-6/30/26

Amended Budget Teton Village Water & Sewer District Budget Hearing Information

7020 N Rachel Way | PO Box 586 Teton Village, WY 83025 307-733-5457

Date of

Location: 7020 N Rachel Way Teton Village WY 83025 Date: 7/17/2025 Time: 6:00 PM

Amended Budget Approval:

08/13/25 Teton County S-A

Budget Prepared by: Elisabeth Eastman

BUDGET MESSAGE

W.S. 16-12-403 ( c )

The Teton Village Water & Sewer District (TVWSD) budget for Fiscal Year 2025-26 continues the commitment to ensure TVWSD water and sewer systems are well maintained and operations continue in compliance with US EPA and WY DEQ permit requirements. In spite of legislation changes to property value assessments, the Board has voted to hold the levy at 2.75 mills and all rates the same as the prior fiscal year.

S-B

RESERVE DESCRIPTION

Although TVWSD has drawn a total of $3.8 million from reserve funds for work to date on the Phase IV WWTP Expansion, the District continues to adhere to the reserve policy. For FY2025-26 the Board anticipates retaining enough reserves to ensure financial resources in case of an extreme event, while being able to consider future capital projects like main replacements and construction of employee housing. S-C

Names of Board Members Tim Carney - Chair Jim Terry - Treasurer Frank Kaunitz - Secretary Don Gervais Jim Mahaffee

Does the district have regular office hours exceeding 20 hours per week?

Date of End of Term

11/3/26 11/7/28 11/3/26 11/7/28 11/7/28

If Yes, enter Address of office: City, State, Zip: Phone Number: Hours Open:

Where are the minutes of your board meeting available for public review? 7020 N Rachel Way, Teton Village WY 83205 How and where are the notices of meeting posted for the public? Website - https://tetonvillagewy.gov/district-government/meetings-and-agendas/ Where are the public meetings held? 7020 N Rachel Way, Teton Village WY 83205 & online via Zoom

7020 N Rachel Way Teton Village, WY 83025 307-733-5457 Mon-Fri 8am-3pm Fridays by appointment

Yes


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TVWSD FY25-26 Amended Budget by TVDO - Issuu