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Board approves June financials and adopts 2027 Sanitary and Stormwater budgets; SDC study previewed
Summary
The board approved the June financial report and SRF/ invoice disbursements, accepted the invoice claims list, adopted 2027 Sanitary and Stormwater budgets, and heard an overview of a System Development Charge (SDC) study to replace tap-in fees.
The Hobart Sanitary District's June financial report showed an opening balance of $8,852,775.02, revenues for the month of $1,536,685.85 and disbursements of $2,312,437.70, producing an ending balance of $8,077,023.17. The board approved SRF Bond Claims & Disbursements totaling $368,234.00 (claims $154,990.00; interest and bond payments $213,244.00) and the invoice claims list of $356,396.96.
Mr. Ross Hagen presented an overview of a proposed System Development Charge study that would replace the district's tap-in fee structure with charges based on water meter size; a final presentation is expected at the next meeting. The board also reviewed and approved the 2027 Sanitary and Stormwater budgets, which include a replacement administrative assistant position, sanitary sewer rehabilitation targeting inflow and infiltration reduction, lift station upgrades and stormwater capital projects such as the Wisconsin Street Bridge and Arbor Lane CIP.
