Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Budgeting topic
No spam. Unsubscribe anytime.
Sullivan's Island council adopts FY2026 budgets, approves $2.4 million bond authorization
Summary
The Town Council unanimously ratified the FY2026 General, Water & Sewer, and Capital budgets and authorized up to $2.4 million in general obligation bonds. Council also approved the FY2026 water and sewer fee schedule tied to the budget.
Sullivan's Island — At its June 17 meeting, the Town Council approved final readings for the town's FY2026 budgets, ratifying the General Fund, Water & Sewer Fund and the Capital Budget effective July 1, 2025.
Councilmembers unanimously approved Ordinance 2025-01 (General Fund), Ordinance 2025-02 (Water & Sewer Fund) and Ordinance 2025-03 (Capital Budget) after the third-reading motions were made and seconded. The council also approved Ordinance 2025-04, authorizing the issuance and sale of general obligation bonds not to exceed $2,400,000 to fund identified town purposes.
Greg Gress, director of the Water & Sewer department, told the council the fee adjustments reflected in the Water & Sewer budget align with the adopted FY2026 budget and detailed how and why rates changed. The council then approved a resolution to increase Water and Sewer fees for FY2026, which staff said implements the adopted rate schedule.
Councilmember Scott Millimet moved to adopt the budgets and Councilmember Gary Visser seconded; each ordinance and the fee resolution passed unanimously.
The ordinances take effect with the new fiscal year on July 1, 2025. Staff indicated the fee schedule will be applied to water and sewer billing in the first billing cycle after the new fiscal year begins.
