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Speakers note county sold water system to city; commissioners discuss budget implications
Summary
Speakers at the Stephens County millage hearing noted the county sold its water system to the city around 2000–2001 for approximately $3 million, which transferred that enterprise fund away from the county and affects the county's budgeting options, commissioners said.
During post-vote questions, a commissioner recounted historical budget choices and the county's lack of an enterprise fund for water because the county sold the system to the city around 2000–2001.
A commissioner said the county and city "worked out a deal for $3,000,000 and sold the the county water to the city," creating a city-run enterprise fund and removing that revenue/resource from county budgeting options. Commissioners discussed how the absence of an enterprise fund limits county fiscal flexibility and noted repeated requests to the city to consider selling back the system had not succeeded.
