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Water and wastewater budgets show major capital plans, proposed rate steps to cover tens of millions in debt
Summary
City utility staff outlined a multi-year water and wastewater capital program including proposed borrowing and staged rate increases to fund new projects.
Jason, the city's water and wastewater presenter, walked council through proposed capital projects, rate scenarios and debt plans for the utility enterprise funds. He told council the slides show existing debt and proposed additional borrowing "about $55,000,000 worth of debt proposed over the next 5 years" for water and roughly $10,000,000 in wastewater debt in the near term, with a much larger East Side plant conceptualized at about $150,000,000.
Water: staff proposed a combination of cash-funded projects and debt. Key FY26 projects include Chick Lane…
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