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Oak Hill workshop: city reports healthy cash position but septic‑to‑sewer grant will consume significant funds
Summary
City staff presented October–April budget‑to‑actuals showing roughly $2.12M revenue, $1.5M expenses and a $594,081 operating balance; officials cautioned the $3M septic‑to‑sewer grant will use much of that cushion and bids for the project return to the commission June 8.
City staff presented October–April budget‑to‑actuals at a public budget workshop, reporting about $2.12 million in revenue and $1.5 million in expenses through April, leaving a $594,081 operating balance before accounting for a large grant-funded project.
“We’re at about 2,100,000 out of roughly 3,000,000 in income aside from the septic to sewer money,” the presenter said, noting the septic‑to‑sewer grant makes up roughly half of the $6 million total budget and would reduce the unrestricted operating balance to about $294,000 once obligated. The commission was told the $3 million sewer grant has been extended through August 2027 and that staff will present a contract recommendation on June 8 for the sanitary sewer work and related stormwater and water‑line coordination.
Commissioners and staff flagged timing issues for ad valorem (property) tax collections and franchise fees. The presenter explained ad valorem receipts come in quarterly and estimated another tranche could push ad valorem receipts above $1.3 million for the fiscal year. Staff also said franchise fees such as the solid‑waste franchise have not yet been realized and will smooth later in the year.
The commission set a budget‑workshop schedule for June 22 to use the April‑to‑date statements as a foundation for next year’s draft budget, and staff committed to post the budget‑to‑actuals online for public review.
