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Environmental Utilities projects negative net cash flow in FY26; cites $37.6M in grant funding and a proposed 3–4% rate increase
Summary
Environmental Utilities staff told council the FY26 budget shows a negative net cash flow tied to larger capital projects, while reporting about $37.6 million in grant funding (including expected IRA funds) and a proposed rate increase of roughly 3–4% for average residential customers.
Environmental Utilities Director Sean Bigley and staff presented the proposed fiscal year 2026 budget to the City Council on April 16, describing a year with negative net cash flow attributed to unusually large capital spending and a rate‑setting process that would propose modest increases over two years.
Bigley said the department is focused on maintaining infrastructure, long‑term water supply reliability and wastewater capacity. He told the council the city has secured or is in process of securing about $37,600,000 in grant funding, with roughly…
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