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Water-sewer budget includes $535,000 meter replacement; staff says 2,000 meters remain to swap
Summary
City staff told aldermen the water-sewer fund reflected recent rate increases, bond payments, and a $535,000 object code (3-20) to replace meters as part of a multiyear swap of about 2,000 remaining meters.
City staff told the Board of Mayor and Aldermen at the April 22 budget workshop that the water and sewer fund includes planned rate increases and capital for a multi-year meter-replacement program.
The budget packet lists $535,000 under object code 320 to replace meters; staff said the amount is part of a continuing plan to replace older meters and transponders. A staff member said the work targets mainly residential meters and that "we've got about 2,000 or so left to swap out." The staff member added that the replacement program is intended to ensure all meters in the system are under 10 years of age over the coming years.
Staff also noted that the water-sewer fund’s net income is affected by bond payments and capital needs. The packet shows approximately $4,000,000 in income reported to cover bond obligations; staff said much of the net income is earmarked for debt service.
Council members asked whether the meter replacements target specific commercial or industrial areas; staff replied the program focuses on residential units as older transponders fail. No formal action was taken; staff said the capital spreadsheet is hyperlinked in the electronic packet and they would distribute the working files so aldermen could review line-by-line details.
Aldermen and staff discussed printing and hyperlink issues with the packet and asked staff to email the clickable files to the board so members could examine the capital detail outside the meeting.
