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Agency reports strong July connection fees, cash forecast to rebound by quarter end
Summary
Treasurer Mark Setout presented July financials showing $1.2 million in connection fees, cash on hand of $7.4 million, and forecasts that reimbursements and revenues will raise cash to about $10 million before quarter end.
Mark Setout, agency treasurer, presented the monthly financial dashboard for July 2025 and highlighted unusually strong connection-fee invoicing.
Setout said, "The total was the $1,200,000 shown there, which represents almost a 136 percent of our budgeted connection fees for the year." He told the board the July connection fees were driven by Sterling Chase in Gretna and R and R Commerce Park…
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