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City manager warns of $16M wastewater liability and low reserves; council urged to plan for 2–3 year fiscal stress
Summary
City Manager Jones told council two enterprise funds (water and solid waste) are stressed and cited a $16 million wastewater-treatment liability tied to Fulton County; staff said water reserves are about $2.5 million below recommended healthy levels and asked council to prioritize replenishing reserves and long-term financial planning.
City Manager Jones presented a fiscal outlook focused on internal fiscal pressures that could affect service reliability and long-term capital planning.
Jones said the city faces a substantial liability tied to regional wastewater treatment: the most recent audit identified a $16,000,000 wastewater-treatment exposure connected to Fulton County services. Jones told council that the city will need coordinated long-term financial planning with Fulton…
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