The Rainbow Municipal Water District adopted its 2024-25 budget.
Rainbow’s board voted 5-0 June 25 to adopt the budget. The budget anticipates $54,278,800 of water and wastewater revenue and $57,163,770 of expenditures including $5,952,369 in capital projects, $4,803,090 of debt service, and $3,409,709 for the initial exit fee payment for the detachment of Rainbow from the San Diego County Water Authority.
A 4-1 vote at the May 28 Rainbow board meeting, with Michael Mack opposed, recommended $931,000 of reductions in the proposed budget.
The eliminations and deferrals included reduction of the...
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