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Town and county meet on PSA charter and options to fund water and sewer capital needs

Floyd County Board of Supervisors · December 11, 2025
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

In a joint session, town leaders, county supervisors and PSA board representatives discussed revising the 50‑year PSA charter, creation of a predictable capital‑funding process and setting up a restricted accrual fund for emergency and capital repairs; town proposed a 10‑year charter term with periodic reviews.

Town and county officials and members of the Public Service Authority (PSA) held a joint discussion about the PSA charter, long-term governance and how to finance major water and sewer capital needs.

Town representatives said the existing 50‑year charter was too long and proposed a 10‑year renewal term with more frequent reviews and clearer, mutually agreed processes for approving PSA capital projects. The town proposed that rather than transferring funds directly to the PSA, the town and county maintain their own…

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