Portage Council discusses multimillion dollar borrowing strategy for utilities and infrastructure

The Portage City Common Council convened on February 27, 2025, to discuss several key financial and infrastructural matters, primarily focusing on upcoming borrowing packages and the status of city projects.

The meeting began with a discussion on the city's borrowing strategy, which is projected to be in the range of several million dollars for general obligation, water, and sewer projects. The council is considering consolidating these borrowings into a single package to reduce administrative costs associated with multiple notes. This approach is contingent upon remaining below the state’s statutory debt limit of 75%. City officials expect to present the borrowing package to the council in July 2025, with a detailed analysis to be conducted by financial advisor John.

The council also addressed the Capital Improvement Plan (CIP), which remains unchanged since the budget process, with anticipated borrowing amounts between $3 million and $4 million. This is significantly lower than the approximately $20 million borrowed in 2024. Randy Langer from Strand and Associates is scheduled to provide an update on the sewer treatment plant at the next council meeting, including discussions on necessary rate increases to fund upgrades mandated by the Department of Natural Resources (DNR).

In terms of city infrastructure, the new facility on Cemetery Road is nearing completion, with staff beginning to move in. An open house is planned for March 27, 2025, to showcase the facility's improvements, which are expected to enhance operational efficiency and safety.

The council also highlighted the urgent need for upgrades to the city’s IT infrastructure, particularly the main server room at City Hall. Concerns were raised about the aging equipment and the potential risks it poses to city operations, especially for critical services like police and fire departments. The council is considering issuing a Request for Proposals (RFP) for necessary upgrades, emphasizing the importance of modernizing both physical and software components of the city’s IT systems.

Overall, the meeting underscored the council's commitment to managing city finances prudently while addressing essential infrastructure needs and ensuring the safety and efficiency of city operations. Further discussions and decisions are expected in the coming months as the council continues to navigate these challenges.