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City budgets $25M in grant funding for wastewater treatment design; staff flags future rate decisions
Summary
Finance staff told council the proposed budget includes a $25 million grant for the wastewater treatment facility design; staff said the budget may also include rate changes and future debt planning tied to facility construction and recommended phased rate steps after a rate study.
CFO Laura Storrs and other staff told council the draft budget includes a large grant—$25,000,000—earmarked for the design phase of Amarillo’s wastewater treatment facilities. Storrs described the inclusion of the grant as “a huge win for our community” and said the budget treats it as grant‑funded capital, not a general‑fund obligation.
The city is also budgeting a proposed 5% water…
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