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Mayor reports ample salt supply but snow/ice spending leaves repayment decision pending
Summary
Gardner City has about 1,500 tons remaining in its salt shed and used the asset to respond to recent storms; the mayor said free cash policy (15% reserve target) would cover repayment of the salt shed but ongoing heavy snow/ice expenditures make timing uncertain, leaving the item with the committee.
The Finance Committee heard an update on Item 11752 concerning repayment for the city’s salt shed and the status of snow and ice expenditures. The mayor said the city has approximately 1,500 tons of salt on hand — a helpful buffer during recent storms — and estimated one salting pass uses roughly 100 tons at an…
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