During the City of Fair Oaks Ranch Regular City Council Meeting on November 21, 2024, significant discussions centered around funding for the Old Fredericksburg Road waterline replacement project. The council clarified that the funding would be sourced from the water utility fund rather than the general taxpayer base, emphasizing a strategic approach to managing municipal resources.

The council proposed an increase of approximately $68,000 to cover various project costs, including a 5% contingency, bid and construction phase services, and project management expenses. This increase comes on top of the already allocated budget of $270,000 for the current fiscal year, with a total of $531,000 available due to rollover funds. This financial strategy indicates a careful allocation of resources to ensure the project’s successful completion without burdening taxpayers.

The council unanimously approved a resolution authorizing an interlocal agreement with Bexar County for the waterline replacement project, reflecting a collaborative effort to enhance local infrastructure. Additionally, the council discussed the first reading of an ordinance to amend the budget for the fiscal year 2024-2025, which will further facilitate the funding of this essential project.

Overall, the meeting underscored the city council's commitment to improving water infrastructure while maintaining fiscal responsibility. The next steps will involve finalizing the budget amendments and continuing collaboration with Bexar County to ensure the timely execution of the waterline replacement project.