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Finance director warns reclaimed water fund unsustainable; commission questions metering impacts
Summary
Devin Schmidt told the St. Pete Beach commission on June 10 that the reclaimed water fund cannot sustain operations under current fee structures. Commissioners raised concerns about upcoming metering by Pinellas County and potential rate impacts on residents.
Finance Director Devin Schmidt told the St. Pete Beach commission on June 10 that the city’s reclaimed water fund is not sustainable under its current fee structure and that staff is exploring short‑term financing and fee changes as part of a broader fee study.
Schmidt said the city is discussing use of a bridge loan with bond counsel and the city’s financial advisor to sustain operations for the reclaimed water system while longer‑term solutions are developed. She also said staff has a…
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