Big Bear City, CA, March 1, 2012 – The Big Bear Area Regional Wastewater Agency held a special meeting to cover several items including the first public meeting in which the proposed new budget was presented in a workshop setting. The proposed 2012-2013 budget reflects the 4% increase in rates charged to the member agencies including the City of Big Bear Lake, the Big Bear City Community Services District and the county area of 53b Fawnskin. Several large projects are included in the new budget including the rebuilding and replacement of the Lake Pump Station in Big Bear Lake and a covered drying bed. The cost of these projects is less than originally projected due in part to lower construction costs. Other highlights of the next year’s budget include lower costs associated with treatment plant efficiencies. Cash flow is also projected to be higher because of bond refinancing and higher cash balances from the operations. In total they are projecting a balanced budget for the coming year, completion of $1.7 million in capital improvements without borrowing and lower debt expenses. Formal adoption of the budget will take place during the regular March and April BBARWA meetings.
