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Birmingham projects water/sewer rate stabilization after two-year increase, five‑year forecast shows tight capital needs
Summary
City officials presented a five‑year forecast showing strong property‑tax growth but rising capital demands and outlined plans to complete the transition to fully rate‑funded water and sewer in the 2025–26 fiscal year.
Birmingham City Manager Mark Gerber and a financial consultant walked commissioners through a five‑year financial forecast that shows continued growth in property tax revenue but increasing capital pressure from water, sewer and street projects.
Consultant Philip Femenidio said taxable values have grown strongly in recent years and are expected to increase through the forecast window. But he and Gerber warned that the city faces concentrated needs for water, sewer and local streets that will tighten…
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