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Pulaski approves water and sewer rate ordinance after multi-year capital plan review
Summary
Council adopted an ordinance updating water and sewer rates, tied to a capital improvement program and borrowing undertaken several years earlier; staff said the change will stabilize utility finances for the coming five years.
The Board of Mayor and Aldermen adopted an ordinance on second reading May 20 to revise water and sewer rates as part of a multi-year capital improvement plan.
City staff told the board the city previously borrowed $12 million to fund water and sewer capital projects. Staff said the utility used about $2.2 million in COVID-related funds for a water-treatment plant and applied for…
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