City presents live wastewater utility dashboard showing multiyear positive cash flow

GREENWOOD — City staff on Feb. 19 demonstrated a new live-link dashboard that displays the wastewater utility’s finances, revenues by customer type and rolling capital-project estimates, and said it will enable near-real-time monitoring between quarterly reports.

The demonstration, presented as an update to the Board of Works and Safety, showed multi-year views of revenue minus expenses, cash and investment balances, revenue by customer category and an interactive capital projects table. Staff said the dashboard updates daily and will be used to supplement the formal quarterly report required by the municipal code.

During the demonstration, the presenter said the utility has shown positive net cash flow for four consecutive years and cited $12,900,000 in positive cash flow at the end of 2024 on a cash basis; staff clarified this measure excludes depreciation and is cash collections-based. A pie chart shown in the dashboard indicated residential customers accounted for roughly 69% of 2024 collections, with commercial customers as the next-largest share. Staff also noted that cash and invested balances have increased and that the city’s investment portfolio has been managed to earn “solid” returns that contribute to the utility’s financial position.

The dashboard also includes a rolling capital-improvement plan that lists planned projects, estimated costs and financing method (cash or bonds); staff emphasized those capital amounts are estimates and will be updated as project reviews progress. The presenter said staff will continue to deliver a formal quarterly presentation in April to review first-quarter 2025 results, and the live link will provide interim visibility to elected officials and staff.

Ending: Staff asked board members to email any requests for additional fields or presentation changes and said the city would coordinate on timing and public posting of the dashboard link.