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Chesapeake council approves broad budget amendments tied to public-utilities rate adjustment

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Summary

City Council voted 8-0 to adopt a package of budget amendments tied to a public-utilities rate adjustment, reallocating millions for water and sewer projects and authorizing bond financing for portions of the work.

Chesapeake City Council on Aug. 12 adopted a package of budget amendments tied to a public-utilities rate adjustment that shifts operating and capital funding across multiple water and sewer projects.

The council voted 8-0 to approve amendments described in the staff report as requests A through L, including an increase of $1,674,847 in public-utilities operating revenue; a $3,928,153 reduction in transfers to capital projects; an increase of $1,500,000 in general expenses; and a $4,103,000 increase in capital outlay. The package also included project-specific appropriations: $975,000 for water-tank rehabilitation; $4,556,000 for a sanitary-sewer pump-station project; $2,700,000 for the Lake Gaston water-treatment plant project; and $8,000,000 for the Northwest River Water…

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