2023 GMWSD Budget Information
2023 Draft Budget
NOTICE OF PUBLIC HEARING PROPOSED BUDGET FOR 2023
Information on the 2023 budget
- GMWSD is not in debt and does not budget to go into debt
- GMWSD is non-taxable and non-profit.
- GMWSD enforces rules and regulations that require new development to pay for infrastructure requirements and improvements.
- GMWSD maintains a reserve saving of money to finance capital projects. This funding for capital projects comes from System Development fees (tap fees) and a percentage of other charges.
- Utilizing capital reserve funds is vital to upgrading the 70 plus year old water and sewer infrastructure and protecting the system from cyber-attacks and other emergencies.
- Supply chain issues, labor shortage, and inflation have slowed down the implementation of capital projects since 2020.
- GMWSD prioritizes efficient and cost-effective operations by utilizing modern software and asset care tools, global information system tracking, cloud storage, predictive maintenance, and long-term planning and engineering modeling. Continuous improvement of all areas of our operations never stops.