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Nutter Fort workshop reviews Ordinance 2025-04 proposing water rate increases
Summary
At a Nov. 7 workshop, consultants told the Town of Nutter Fort council that a FYE2024 cash-flow shortfall, Senate Bill 234 compliance risks, and bond covenants justify a proposed water rate increase under Ordinance 2025-04; the workshop was for review only and no vote was taken.
Nutter Fort's mayor and council met Nov. 7 for a workshop to review Ordinance 2025-04, a proposed increase in water rates intended to address the town's fiscal shortfall and meet statutory and bond requirements.
Consultant Zack Dobbins of Bennett & Dobbins presented the FYE2024 Cash Flow Analysis and told the council the town currently does not meet Senate Bill 234 requirements. Dobbins said failing to meet those requirements could result in an audit finding forwarded to the Harrison County Prosecutor’s Office and that bondholders could require rates be set to cover debt obligations. He also said a rate increase would bring water rates into MHI eligibility for certain grant programs.
Councilors Charlene Louk, Shawn Spurlock and Rick Lafferty asked follow-up questions about the analysis, statutory timing and bond coverage; Dobbins answered and clarified the town's options and risks. The workshop record notes that the session was convened for discussion only and that no formal action or vote was taken on Ordinance 2025-04 during the meeting.
The workshop is the next step in the ordinance process; the council may schedule further readings or a formal vote at a subsequent meeting. The record lists Mayor Rezin Hudkins IV and the five council members in attendance, with Councilor Karen Philipps and Recorder Natalie Haddix absent.
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