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Finance director outlines utility operating and borrowing updates; emphasizes focus on LSL funding
Summary
Finance Director Mary Anne presented the November operating and capital report, noting water charges rose from $8.4 million to $10.8 million (largely due to a rate increase), interim financing draws, and a priority to confirm how the utility will fund its share of lead service line replacements.
Mary Anne, Finance Director, presented the Wausau Water Works monthly financials and an expanded report that included prior‑year actuals to improve trend analysis.
Key figures: Mary Anne said water charges for the period rose from about $8.4 million last year to $10.8 million this year, primarily reflecting…
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