City Council will consider the 2017-2018 budget for major departments on Tuesday. Both the Water and Solid Waste budget have excess money going to increase fund balance. Yet, city staff failed to provide a current fund balance for either fund. The City sold lots of water in June and continues to make big money off late charges. It has nearly $3.2 million in the Water Enterprise fund balance as of the end of June. As dry as July has been I expect that number will soon be much higher.
The Solid Waster fund has nearly $2.5 million as of the end of June. These numbers should be part of a conversation as citizens pay the freight for the continued building of fund balance.
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