Title
Resolution Adopting the FY 2027 & FY 2028 Biennial Budget
Body
Agenda of: February 25, 2026
Item No.: 2026-070
Amount: N/A
TO: The Honorable
Board of Directors
Great Lakes Water Authority
FROM: Suzanne R. Coffey P.E.
Chief Executive Officer
Great Lakes Water Authority
DATE: February 25, 2026
RE: Resolution Adopting the FY 2027 & FY 2028 Biennial Budget
MOTION
Upon recommendation of Nicolette Bateson, Chief Financial Officer/Treasurer, the Board of Directors (Board) of the Great Lakes Water Authority (GLWA):
1) Concludes the Public Hearing related to the FY 2027 and FY 2028 Biennial Budget held on February 25, 2026;
2) Pending public comment, adopts the attached resolution, 2026-070, adopting the FY 2027 and FY 2028 Biennial Budget for the GLWA;
3) Notes that the GLWA By-Laws Article X, Section 5, requires a super-majority affirmative vote of at least five (5) members of the Board is necessary for the approval of the operating budget; and
4) Authorize the GLWA Administration to report back with the "Schedule 10 - Flow of Funds and Debt Service Coverage Consistent with the Master Bond Ordinance" pending action by the Board of Water Commissioners for the Detroit Water & Sewerage Department; and
5) Authorizes the Chief Executive Officer to take such other action as may be necessary to accomplish the intent of this vote.
BACKGROUND
The Great Lakes Water Authority ("GLWA" or the "Authority") assumed the operation of the Regional Water and Sewer systems on January 1, 2016 (the "Effective Date") pursuant to the Lease Agreements between the GLWA and the City of Detroit dated June 12, 2015. Section 5.6 of the Lease Agreements require the Authority to adopt a two-year budget for the Regional Water and Sewer Systems that sets forth budgeted revenues and expenses for each such Fiscal Year.
JUSTIFICATION
Establishing the budget and charges each year is an impactful decision which merits public discussion that spans severa...
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