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Finance commission flags declining water operations fund; asks staff for five-year rate pro forma
Summary
Staff warned the water operations fund has declined since 2022 and asked commissioners to direct staff to prepare multi-year rate options, including an annual escalator and a five-year pro forma, ahead of the next budget cycle.
City finance staff told the Finance Commission that the water operations fund balance has decreased every year since 2022 and recommended the commission consider rate changes and structural fixes to make the enterprise fund sustainable.
Mark, the finance director, reported that although the city increased invested balances in Star Ohio (from $4,997,831 in March 2025 to $7,487,033 in March 2026), the water…
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