Agenda Summary
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Requesting the appropriation of $2,000,000 from the Water Enterprise Retained Earnings Account to the Water Capital Stabilization Fund
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Official Text
To the Honorable City Council:
The Mayor respectfully requests that this Council appropriate $2,000,000 from the Water Enterprise Retained Earnings Account certified as of July 1, 2025 to the Water Capital Stabilization Fund. The purpose of the appropriation is to build reserves for the Water-Sewer Capital Improvement Program.
Appropriate staff will be available to address any questions you may have. Thank you for your consideration of this item.
Respectfully Submitted,
Jake Wilson, Mayor