Current update as of 1/20/2024
On 1/19/24 the receiver, Nicolas Jabor, and the assistant Attorney General, Tiffany Yee, appeared at a Superior Court OSC Hearing regarding: Approval of the 2024 Annual Budget Proposed by the receiver.
The judge voiced two concerns regarding:
1) The basis for the large annual budget request
2) Proposed funding for the proposed budget.
The receiver explained the amounts presented in the budget were based on information from Cypress Water Services, the current operator of the system.
The receiver informed the judge he has been working with the county and state to increase the current scope and amount of the existing grant of $240,000. An increase of $610,000 was approved.
The grant now totals $850,000.
The grant will now cover;
1) project management
2) rehabilitation of the BBW infrastructure
3) operational costs
4) some support of the consolidation effort.
The Judge was satisfied with the responses and stated he will sign the budget request.
The next court hearing is scheduled for March 24, 2024 8:30am.
Very positive news for the short term. Thanks for being engaged, posting and keeping us all informed!