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City manager says Milford utility funds subsidized; rate increases and transfers proposed in budget workshop
Summary
At an Oct. 21 Committee of the Whole meeting, Milford staff presented a rate study and updated budgets showing the city subsidizes water and sewer operations and that a 20% sewer increase still leaves an estimated shortfall of about $20,000.
City staff told council Oct. 21 that Milford’s water and sewer operations are currently subsidized by the general fund and that without changes the utility funds will remain unable to support needed capital work. The city manager said the city will subsidize water and sewer by about $700,000 in the coming year under current projections.
To address the imbalance, staff presented updated rate…
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