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Council reviews $155,000 street program, franchise fee revenue pending

Waterville City Council · September 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Staff outlined $155,000 in planned 2026 street projects funded in part by $68,000 in Street Maintenance Aid and $28,000 from the County; franchise fee revenue from CenterPoint and Metronet was noted but timing is pending.

Administrator Teresa Hill told the council the city plans about $155,000 in street projects for 2026, with $68,000 budgeted from Street Maintenance Aid and $28,000 from County contributions. She said $59,000 of that work would be charged to the capital (400) fund.

Hill also noted anticipated franchise-fee revenue from CenterPoint and Metronet that would add to street-related revenue when the payments begin; she said the CenterPoint franchise process can take about three months after submission before the city sees payments.