Board Approves 2025–2026 Budget and Accepts Clean Audit for Prior Year

At its July board meeting, MAGSA approved the Fiscal Year 2025–2026 budget. The budget is available for public review on the MAGSA website here.

The Board approved a fee of $19 per acre for Fiscal Year 2025-2026. This generates a projected revenue of $2,175,100 for agency administration, professional services, and project and program development to implement the Groundwater Sustainability Plan (GSP). In addition to MAGSA’s fee-based revenue, the agency will continue seeking additional funding for projects and management actions through grants.

The board also accepted the audit for the previous fiscal year, 2023-24, which was issued a clean opinion from the MAGSA’s auditing firm, Hudson & Company, Inc.