File #: 25-1029    Version: 1 Name:
Type: Action Report Status: Agenda Ready
File created: 9/26/2025 In control: Saanich Peninsula Water Commission
On agenda: 10/21/2025 Final action:
Title: Saanich Peninsula Water Service 2026 Capital and Operating Budget
Attachments: 1. Staff Report: Saanich Peninsula Water Service 2026 Budget, 2. Appendix A: Draft 2026 SPWS Budget, 3. Appendix B: Retail and Wholesale Rate - History and Projection, 4. Appendix C: Agricultural Water Rate Funding Comparisons 2011-2024, 5. Appendix D: 2026 Budget Waterfall

Title

Saanich Peninsula Water Service 2026 Capital and Operating Budget

 

Recommendation

The Saanich Peninsula Water Commission recommends that the Committee of the Whole recommend that the Capital Regional District Board:

1.                     Approve the 2026 Operating and Capital Budget and the Five-Year Capital Plan;

2.                     Approve the 2026 Saanich Peninsula Water Service wholesale water rate of $1.3593 per cubic meter, and the Agricultural Research Station water rate of $1.3945 per cubic meter, adjusted, if necessary, by any changes in the Regional Water Supply wholesale water rate;

3.                     Direct staff to balance the 2025 actual revenue and expense on the transfer to capital reserve fund;

4.                     Direct staff to update carry forward balances in the 2026 Capital Budget for changes after year end; and

5.                     Direct staff to amend the Wholesale Water Rates Bylaw accordingly.