Fern Valley water conditions stable: District enters new fiscal year with reserves greater than $1 million
Financial and water conditions, and authorizing several small projects were the business of Friday’s Fern Valley Water District board meeting. The final fiscal year 2015-16 results were discussed with total revenue of about $1.1 million exceeding initial projects by about $65,000. Expenditures were $1.3 million, nearly $200,000 less than budget. Net income was a negative…


