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Menands board hears pitch for Waterworth modeling platform; purchase decision tabled

Menands Village Board · December 16, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A Waterworth representative showed the Menands Village Board how a living financial model could be used to plan water rates, capital projects and grant applications tied to the South End sewer work; the board tabled a final purchase decision until its Jan. 6 meeting.

A representative from Waterworth presented to the Menands Village Board on Dec. 16, outlining how the company's cloud-based financial modeling platform could build 'living' multi-fund forecasts to guide water rates, capital planning and grant applications tied to the village's forthcoming South End sewer project. The presentation emphasized the platform's visualization tools, a rate engine that analyzes billing data, and ongoing advisory support.

Why it matters: Board members said the tool…

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