Albuquerque Journal (Albuquerque, NM)

Water Company May Get Additional County Money.

Byline: K.C. Mason Journal Staff Writer

Utilities Director Cites Consumption

The city-owned Sangre de Cristo Water Co., awash in red ink for at least three years, may be getting $158,000 in unanticipated revenue from Santa Fe County.

County Utilities Division Director Douglas Sayre said Monday that the county underestimated the amount of city-owned water it would need by about 60 percent. The amount of money budgeted was underestimated by more than 100 percent, he said.

"To the extent that the use (of water) wasn't expected, it could be considered a windfall (to the city)," Sayre said.

Sayre will go before the county commissioners at their meeting today for approval to transfer $100,000 from the fiscal year 2000 budget surplus and $58,000 from commercial revenue accounts to pay the additional money owed the city utility. …

Log in to your account to read this article – and millions more.