CIB board reveals million-dollar deficit before grant approvals

Mona City Council members discussed significant infrastructure updates and financial challenges during their meeting on December 10, 2024. A key focus was on ongoing improvements to the city’s water management system, with updates on the installation of new manhole lids and valve vaults. Council members expressed optimism about the progress made over the past year, noting that the system, which has been operational for 12 years, is showing signs of increased efficiency.

Brent, a council member, highlighted the importance of communication among team members regarding project updates, emphasizing the need for collaboration to ensure timely completion of tasks. The council acknowledged the impact of weather on project timelines, with recent cold temperatures causing delays in construction activities.

In addition to infrastructure discussions, the council addressed financial matters stemming from a recent Community Impact Board (CIB) meeting. The board reported a deficit of one million dollars before approving any grants, prompting concerns about funding for local projects. The council noted that larger entities, such as hospitals, are facing increased loan rates, which could affect future funding opportunities for smaller municipalities like Mona.

Despite these challenges, the council remains committed to securing necessary funding and maintaining transparency with the community. The meeting concluded with a reaffirmation of the council's dedication to improving city services and infrastructure, ensuring that residents can expect continued progress in the coming months.