Treasurer says sewer fund short on cash; council approves temporary interfund loan

Treasurer Heather (identified in the meeting as the city treasurer) told the council the wastewater fund would not have enough cash on hand to meet an August 1 debt‑service payment. "There is a debt service payment due on August 1 for a little over $167,000," she said, and explained that the sewer fund's bank balance would not cover payroll and other near‑term obligations.

Heather said the city typically uses temporary interfund loans to cover such timing gaps and that the sewer fund would repay the general fund when revenues (including leachate receipts) are collected. "This would be a temporary interfund loan, which the sewer department would pay back once it has enough cash on hand to do so," she told the council.

Council members asked clarifying questions about revenue timing and whether staff had checked for incoming sewer receipts; Heather said staff had reached out to operations staff to confirm likely receipts. The council then moved and approved the temporary interfund loan by roll call.

The action authorizes a short‑term loan from the general fund to the sewer fund to ensure the debt‑service payment is made on schedule; the sewer fund is required to repay the loan when it regains sufficient cash. No repayment schedule beyond that description was recorded in the transcript.