The Watershed Fund finances the City of Bellingham's drinking-water source protection, including the Lake Whatcom watershed. Revenue comes from a Watershed Protection charge on every water utility bill (a dedicated line ...
ActiveEnterpriseBellingham
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Latest end balance
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Revenue (latest year)
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Spent (latest year)
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Cumulative revenue
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Cumulative spent
About this fund
The Watershed Fund finances the City of Bellingham's drinking-water source protection, including the Lake Whatcom watershed. Revenue comes from a Watershed Protection charge on every water utility bill (a dedicated line item; ratepayers cannot opt out). The fund's principal use over the past several years has been acquiring private property in the watershed area.
Multi-year balance ledger
Year-by-year revenue, spending, and ending balance from the city's budget and CAFRs.
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Outstanding debt
Active bond and loan obligations managed by the Whatcom County Treasurer for this jurisdiction. Source: quarterly Treasurer Debt Portfolio (auto-refreshed when published).
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Where the money goes
Top spending categories from documented budget line items.
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Where the money went
Actual outflows from the City's vendor-payment ledger — every payment with recipient, project, and line description, presented unfiltered. Categorical "Where the money goes" shows the budgeted intent; this section shows the real disbursements.
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Revenue mix
Every documented inflow into this fund. By default the mix uses each source's most recent year (which means percentages mix years). Pick a single year to see strictly comparable percentages.
Real Record tracks Fund 411 as the City of Bellingham's Watershed Fund. The City categorizes most Watershed Fund spending as Capital — Land. Real Record's investigation documents that $24,469,800.90 was spent on 55 parcel purchases between 2020 and 2025 with no individual public discussion or council vote on any specific acquisition. See related investigation.
