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Interlaken council reviews first-quarter finances; large upfront roadwork spending flagged
Summary
At its Oct. 8 meeting the Interlaken Town Council reviewed July–September financials showing low seasonal water revenue and significant roadwork spending in the first quarter that may use most of the annual road allocation.
The Interlaken Town Council on Wednesday reviewed first-quarter financial reports and heard that scheduled roadwork and early-season repairs will consume a large share of the town's annual road budget.
Town staff told the council the water revenue line is currently low because annual water billing has not yet been issued; staff reported water revenue figures as "only 5,000" for the period and said overall water revenue through reserves appears to…
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