During a recent government meeting, officials discussed significant updates regarding the Electric Utility and Water Fund, highlighting financial performance, infrastructure projects, and staffing needs.

The Electric Utility report indicated a healthy growth in reserves, meeting all financial targets. Council members were encouraged to formulate questions before transitioning to the Water Fund discussion.

In the Water Fund segment, officials reported a notable increase in revenues for the current fiscal year, primarily driven by higher interest income from bond proceeds and increased enforcement of watering regulations, resulting in higher conservation charges. However, projected fees are expected to be lower than budgeted due to a shift in how multifamily and residential developments are accounted for.

A major focus was on the reorganization of personnel and budget line items to better align with the cost of service model. This includes separating water and wastewater personnel into distinct cost centers. Additionally, a delay in water contract agreements was noted as a significant expense variance.

Looking ahead, a cost of service study is set to be presented at the next meeting, with proposed rate increases of 11.75% for water and 11.25% for wastewater services. The city plans to hire 21 new employees to manage infrastructure growth and increased demand, particularly in anticipation of the South Lake water treatment plant's completion.

The five-year Capital Improvement Plan (CIP) was also outlined, featuring approximately $120 million in projects, including upgrades to water lines and wastewater treatment facilities. Notable projects include the design of the Northlands wastewater treatment plant and various lift station improvements.

Officials emphasized the need for additional staffing to support operational technology and maintenance, as well as to enhance public education on water conservation and utility rates. The meeting concluded with discussions on budget increases for maintenance and equipment, ensuring the city’s utilities remain resilient and efficient in meeting community needs.