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Columbus Water Works to explore bond refinancing; council informed of strong finances
Summary
Columbus Water Works President Jeremy Cummings told council Jan. 27 the utility will explore bond market opportunities in 2026 to refinance debt and fund capital projects, citing $96.5 million in 2025 revenues and a net position of about $457 million; CWW will return Feb. 10 with specific options for council approval.
Jeremy Cummings, president of Columbus Water Works, told the Columbus City Council on Jan. 27 that the utility will “go to the market very soon” to explore refinancing and other bond opportunities for 2026, and that council concurrence will be required before any debt is issued.
Cummings framed the presentation as informational. He said CWW’s 2025 revenues were $96,500,000, operating…
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