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Auditor presents FY 2024–25 findings; recommends improving water and sewer debt ratios
Summary
Auditor Michael Hoback presented the FY 24/25 audit to the Bennet City Council and recommended steps to improve the debt ratio for the water and sewer utilities to strengthen fiscal health. Council received the report; no formal action was recorded beyond the presentation.
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Michael Hoback presented the FY 2024–25 audit to the Bennet City Council on April 13, 2026, and highlighted concerns about the debt ratio in the city’s water and sewer utility departments. He recommended that the council pursue measures to improve those ratios to enhance overall utility fiscal stability.
Council heard the report as an information item; the minutes record Hoback’s recommendations but do not record an immediate directive or vote to implement specific changes at this meeting. Any follow-up steps or formal responses were not specified in the minutes.
