Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Franklin Aldermen weigh options to raise sewer impact fees, trim rate increases — preference forms around phased approach with check‑in
Summary
Consultants presented four financing scenarios for a planned 6 MGD treatment plant expansion; aldermen broadly favored a middle path that phases a higher impact fee to $9,000–$12,000 with a return/check‑in in three years.
City consultants and staff presented refined options for a water and sanitary sewer cost‑of‑service study and rate plan tied to a planned South plant expansion, outlining how to balance debt, rates and impact‑fee revenue to fund a roughly $325 million project that would increase treatment capacity to 6 million gallons per day.
Hazen consultant Fernando, who led the study presentation, said the utility needs near‑term revenue increases to meet debt‑service coverage targets and to build toward the South plant. "We presented the financial plan and the need for about 6% every year," Fernando said, describing multiple scenarios that use a mix of service‑charge increases, volumetric adjustments and higher impact fees.
Why it matters: The city projects the plant will accommodate about 17,000 single‑family residential unit equivalents (SFRUs) by…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
