Water fund shows large maintenance needs; worksheets flag potential shortfall
The June 4 work session budget review documented substantial water-fund maintenance and capital expenses, with staff noting large repair estimates and engineering costs that could create a net shortfall depending on revenue timing and reserve use.
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Town staff presented the Water Fund worksheet showing operating revenues from service and waste fees alongside substantial repair and maintenance lines. The worksheet lists expected water service revenue near $490,000 (FY projection) but also shows a large maintenance/repair total and an engineering/design placeholder for water-line replacement — factors that resulted in a projected negative net in certain scenarios.
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