AlexRenew adopted a $258.3 million budget for its fiscal year, beginning on July 1, 2025 (Fiscal Year 2026) during its June 17, 2025, Board Meeting. The adopted budget will ensure sufficient resources for AlexRenew's daily operations as well as ongoing investments for AlexRenew's infrastructure. The budget includes $96 million of continued RiverRenew expenditures. To support this significant capital investment, AlexRenew also adopted a two-year rate adjustment of 5.0% beginning July 1, 2025, and 5.7% beginning July 1, 2026. 

To ensure Board review and public comment, AlexRenew followed a process that included:

• March 11: FY2026 Preliminary Draft Budget and FY2026-2027 Rate Recommendation reviewed with Finance and Audit Committee  
• March 18: FY2026 Preliminary Draft Budget and FY2026-2027 Rate Recommendation recommended to the Board by Finance and Audit Committee  
• April 15: FY2026 Draft Budget and FY2026-2027 Rate Recommendation presented to Board for approval of resolution for public notice and to set the public hearing  
• A public comment period was posted, and a public hearing was held on Saturday, May 17 at 9:30 a.m. to receive comments on the FY2026 Budget and FY2026-2027 Rate Recommendation. Five (5) public comments were received and addressed prior to the public hearing date. No additional comments were received during the public hearing.

From April to May, AlexRenew performed outreach to ratepayers that included website updates, social media posts, bill inserts, digital ads, and emails to customers and key stakeholders.

The FY2026 Budget posted for public notice ahead of the May Public Hearing has been updated from “proposed” to “adopted” and minor modifications to the presentation of information were made based on feedback from the Finance and Audit Committee. The funding for the budget was updated to include higher projections of revenues from late fees based on current fiscal year trends, which was offset by a decrease in anticipated cash funding. The total $258.3 million budget and associated operating, debt service, and capital budgets as presented at the public hearing remain unchanged

Image

About RiverRenew
The RiverRenew program is the largest infrastructure project in Alexandria’s history and will prevent millions of gallons of combined sewage from polluting the Potomac River, Hunting Creek, and Hooffs Run each year. This will create safer, cleaner, healthier waterways for the community, wildlife, and future generations. Implementation of this historic program is a direct extension of AlexRenew’s vital mission to manage wastewater and keep the community healthy through healthier waterways.

AlexRenew achieved several major milestones on its state-mandated RiverRenew project in 2024, including the completion of the 2.2-mile Waterfront Tunnel and Hooffs Run Interceptor. As crews continue to make progress on the largest infrastructure project in Alexandria’s history, work is now largely focused on the construction of the pumping stations, located at the heart of AlexRenew’s treatment plant. 

When RiverRenew is completed in 2026, these new structures will capture and convey millions of gallons of combined sewage that would otherwise pollute the Potomac River – creating safer, healthier waterways for the community, wildlife, and future generations. 

Helpful Links

• Adopted FY2026 Operating & Capital Budget 
• Presentation for Proposed Fiscal Year 2026 Budget and Rate Recommendation
• Adopted Rates, Rules, & Regulations
• FAQ's About Adopted Rate Adjustments
• Estimate Your Rate