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City manager presents 2024 annual report highlighting infrastructure projects, staffing stability and water main fund
Summary
City Manager David Kennedy delivered the 2024 annual report to Loveland City Council, detailing capital projects, staffing stability, water-main-replacement fund usage, and public safety investments made during the year.
City Manager David Kennedy presented the 2024 annual report to Loveland City Council, summarizing the city's finances, capital projects and personnel changes during a year the manager characterized as “one heck of a year when it comes to construction projects.”
Kennedy told council the city ended 2024 with total fund balances of more than $11,000,000 and highlighted the new water-main-replacement (WMR) fund as a key tool for completing sidewalk and water-main work without issuing new debt. He described the WMR fund as “a saving grace” that allowed the city to proceed with the Lehi–Miamiville Road…
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