News
- February 9, 2026
- Year End Finanicals
Current Actual Annual % of Quarter Year to Date Budget Budget REVENUES Water Assessments 39,351 156,265 75,000 208% Hook Up fees - 5,500 - Commercial Water Sales 7,740 16,170 - Supplemental Water Sales 17,860 22,355 Miscellaeous Income - (20) Late Charges 331 1,443 450 321% Interest Income 14,937 46,970 500 9394% TOTAL REVENUES 80,219 248,683 75,950 327% ADMINISTRATIVE EXPENSES Uncollectible Receivables - - Accounting Services 1,899 5,916 5,700 104% Insurance - 4,336 3,200 136% Legal Services - 25,135 1,000 2514% Office Supplies & Postage 819 1,797 1,600 112% Taxes 31,884 31,909 825 3868% Telephone 454 2,384 1,850 129% TOTAL ADMINISTRATIVE EXPENSES 35,056 71,477 14,175 504% MAINTENANCE & SUPPLIES Depreciation Expense 14,507 58,029 42,000 138% Maintenance & Repairs 21,659 82,604 25,000 330% Water Testing 2,727 3,097 925 335% TOTAL MAINTENANCE & SUPPLIES 38,893 143,730 67,925 212% UTILITIES Electricity 9,123 38,950 25,000 156% TOTAL UTILITIES 9,123 38,950 25,000 156% TOTAL EXPENSES 83,072 254,157 107,100 237% REVENUE LESS EXPENSE (DEFICIT) (2,853) (5,474) (31,150) 18% - February 7, 2026
Board Meeting Minutes
Mountain Meadows Mutual Water Company
February 2, 2026
Zoom and In Person MeetingOpening
The Meeting of the Mountain Meadows Mutual Water Company was called to order at 5:02 PM by David Richman.
Board Members Present: David Richman, Ryan Dore, Tim Gallagher, and Hal Cady
Board Member not Present: Blair Hafner
Others Present: Mike IesiakThe board is meeting today to discuss succession planning for the Mountain Meadows Mutual Water Company. David obtained a bid for a contract with Exodus Water Services. The bid came back at $250,000 to $300,000 per year. This however did not include utilities, insurance, repairs, and Maintenance of the system. Mountain Meadows Mutual Water Company billing would have to triple its monthly billing to cover its expenses under this scenario. The board discussed this and ruled the proposal out as a viable option.
David presented several other options available to the board; The first option would be to hire a water system manager to run the day-to-day operations. The second option discussed was to keep the existing system in place but increase the Board’s and the operators’ involvement. After discussion, the board’s main concern was to have someone always available to respond to an emergency. The board discussed the issue and decided the new board members needed further familiarization with the system requirements. David will set up a meeting with board members Ryan Dore and Tim Gallagher to discuss roles. David will also add Tim and Ryan to the equipment malfunction notifications system.
David made a motion to adjourn the meeting. Hal seconded the motion. The meeting ended at 5:34 PM.
Minutes prepared by Hal Cady- January 29, 2026
Board Meeting
a Board meeting will be held at 5:00pm, February 2nd, via zoom to discuss succession planning. If you would like to attend, please contact David at david@mountainmeadowswater.com
- December 26, 2025
- BOARD MEETING MINUTES
Mountain Meadows Mutual Water Company
December 15, 2025
Zoom and in person Meeting.
Opening
The meeting of the Mountain Meadows Mutual Water Company was called to order at 6:15 pm by David Richman.
Board members present.
David Richman, Blair Hafner and Hal Cady
Shareholders Present.
Tim Gallagher, Ryan Dore
The purpose of this board meeting is to evaluate two homeowners who have expressed an interest in becoming board members. Both Tim Gallagher and Ryan Dore provided the board with a brief background about themselves. David met previously with both Ryan Dore and Tim Gallagher and recommended the board accept them as new board members. Blair seconded the motion. The vote was unanimous. There are now five board members. David will be taking both new board members to tour the facilities to begin bringing them up to speed with its operations.
David Richman will be turning over the operations of the water company by the end of 2026. There are several options put forth by David. The first is with the new board members taking on David’s responsibilities. Another alternative; David has been in contact with a management company that has expressed interest in managing the MMMWC, and a proposal is forthcoming. Finally, another option is retaining a full-time operations Manager.
Account Receivables were discussed along with variations to enforcement of collections. Board member Ryan Dore will be evaluating the current shut-off notice and proposing changes to the document as discussed.
At 6:35pm the board convened a closed session to address personnel matters.
6:50pm board back in session.
Meeting adjourned at 6:51pm
Minutes submitted by Hal Cady
- December 18, 2025
- WEBPAY
Some of our users have signed up for automatic quarterly payments.
However, when there is a supplemental bill, this does not fall into
the quarterly payment authorization, and an additional payment must be
scheduled. If not, late charges are incurred.
As an alternative, one can adjust their authorization to monthly
payments, which will pay any supplemental charges on a timely basis.The way the portal should be setup is "monthly" and the box "Balance
Due" should be checked. No dollar amount should be entered. If there
isn't a balance, nothing will be deducted.
The website address is https://portal.butnerhoaservices.com/login
If you have any questions, please contact Butner's office.