Committee approves budget amendment, staff warns private-side borrowing will rise
The committee approved a budget amendment to cover WDNR loan shortfalls for the lead service line replacement program and heard an update that private-side general-obligation borrowing will rise (from $1.7M to about $3.3M) while the water utility's revenue bond need shrank.
The full story
The Wausau Finance Committee approved a budget amendment April 14 to cover costs for the lead service line replacement project that were not funded by the Wisconsin DNR subsidized loan.
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