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Sewer delinquency reported at $13,866.51; minutes list conflicting operating-reserve figures
Summary
The sewer meeting minutes list $13,866.51 in delinquent accounts as of Nov. 30, 2024, and an investment reserve of $1,497,933.41. The minutes also contain two different operating-reserve figures; the correct current operating reserve is not specified in the excerpt.
Town Manager Shelia Southern presented the sewer system financial summary at the Jan. 14, 2025 meeting, saying "As of November 30, 2024, sewer delinquency stands at $13,866.51." The minutes also list an investment reserve of $1,497,933.41.
The minutes contain inconsistent entries for the operating reserve: an earlier line reports an operating reserve total of $248,768.73 while a later line lists $1,300,063.74. The minutes do not reconcile those two figures; the correct current operating reserve was not specified in the provided excerpt and may require follow-up with staff for clarification.
