Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Stormwater fund showing surplus; four capital drainage projects outlined
Summary
Committee staff said the stormwater utility fund is operating with an estimated $938,000 surplus and flagged planned capital work and equipment needs, including replacement equipment estimated at $69,000 and a camera system at $155,000.
Spring Hill budget staff told the Budget and Finance Committee the stormwater utility fund is projected to operate with a surplus of roughly $938,000 next fiscal year but that much of that amount will likely be used for capital repairs and projects.
Finance staff said capital items will likely require budget amendments as the year progresses. On the expenditure side the budget lists replacement equipment priced at about $69,000 and a…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
