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Sewer enterprise fund: $320 million Maxon upgrade, PAYGO accounting and a large carryforward drive forecast variance
Summary
Public Works reported steady sewer revenues and ongoing projects including a $320 million Maxon wastewater plant upgrade and a planned large solar array; staff said carryforwards and capital pay‑as‑you‑go accounting explained a large materials and supplies variance in the FY25 forecast.
Public Works briefed the budget committee on May 7 about the sewer enterprise fund, describing steady revenues, major ongoing capital work and accounting practices that affect year‑to‑date forecasts.
Scott Morgan told the committee the division supports the Memphis 3 plan and assesses sewer capacity for growth. He said the department "will continue the upgrades…
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