How well did we follow the 2014 Reserve Study?

In 2014, we commissioned a reserve study. an analysis of what our infrastructure costs would be for the next 30 years and how much we needed to save up each year to pay for it all.

In 2024, the Engineering and Reserve Committee conducted an analysis that showed we had only set aside 53% of the recommended amounts over the past ten years.

Here is that analysis.

Because of the enormous deficit (almost $2 million), the new 2025 reserve study is recommending big increases to our reserve fund transfers for the next few years , before settling them back down to the predicted inflation rate.