Infrastructure & Utilities
Every chart and stat card on this page opens when you click it, showing the records behind the number. Where nothing opens, it's because the city doesn't publish records at that level of detail today. When I'm mayor, it will.
City financial-statement figures for 2025 and 2026 (through June 30, 2026) have not yet been audited; audited financial history runs through 2024. Other records identify their own source, accounting basis and reporting window.
SYSTEM CONDITION & ASSET INVENTORY
UNAVAILABLENo comparable figure is available in these records
WHY These records do not describe pipe condition, breaks, meter age or physical asset condition; book value is an accounting measure.
CAPITAL IMPROVEMENT PLAN (CIP)
UNAVAILABLENo comparable figure is available in these records
WHY These records do not include an adopted capital improvement plan with project budgets and status.
PEER WATER/SEWER RATES
UNAVAILABLENo comparable figure is available in these records
WHY These records do not include a standardized comparison of peer water and sewer rates.
WATER-QUALITY SCORECARD
UNAVAILABLENo comparable figure is available in these records
WHY These records do not include drinking-water compliance results.
AUGUST 27, 2026 — LEAD-SERVICE ANALYSIS AMOUNT UNRESOLVED
UNAVAILABLENo comparable figure is available in these records
WHY The August 27 draft minutes describe proposed statistical-analysis work and print inconsistent amounts of $29,770 and $29,700. The approved amount requires the executed contract or corrected minutes. Unknown line material does not establish lead.
8.27.26-CouncilMtgMinutesDRAFT.pdf, PDF page 1
UTILITY FINANCES
Water, sewer and sanitation share one utility fund.
MONEY IN
$5.56M
Water, sewer and sanitation · Fund 100.
January 1 through June 30, 2026 only; accounting basis differs from the historical series.
◆ City statements · FY2026 · through June 30, 2026 · not yet audited
MONEY OUT
$5.39M
Water, sewer and sanitation · Fund 100.
January 1 through June 30, 2026 only; accounting basis differs from the historical series.
◆ City statements · FY2026 · through June 30, 2026 · not yet audited
INCOME LESS SPENDING
$170.7K
Water, sewer and sanitation · Fund 100.
January 1 through June 30, 2026 only; accounting basis differs from the historical series.
◆ City statements · FY2026 · through June 30, 2026 · not yet audited
WHAT THE SYSTEM IS WORTH ON PAPER
$18.12M
the pipes, plants, and equipment at accounting book value — NOT a condition report
◆ Audited · FY2024
THE UTILITY'S NET WORTH ON PAPER
$17.44M
everything the utility owns minus everything it owes (accountants call this net position)
◆ Audited · FY2024
STILL OWED ON THE METER LOAN
$975,401
audited loan balance; printed quarterly and annual payments differ by $1,039 per year
◆ Audited · FY2024
UTILITY OPERATIONS OVER TIME
The historical series offers original and later-restated figures.
OPERATING RESULTS
AS ORIGINALLY REPORTED — 14 of 14 audited years show an operating loss; cumulative −$9,037,186.00.
restated — 13 of 14; cumulative −$8,726,270.00.
The difference: FY2023 −$71,596.00 as first issued → $259,650.00 restated in LOSM13024. The two views distinguish originally reported and restated results.
AS ORIGINALLY REPORTED — 14 of 14 audited years show an operating loss; cumulative −$9,037,186.00.
restated — 13 of 14; cumulative −$8,726,270.00.
The difference: FY2023 −$71,596.00 as first issued → $259,650.00 restated in LOSM13024. The two views distinguish originally reported and restated results.
Do water & sewer bills cover the cost of running the system?
- Cost to run the system
- Money in from bills
- Year's result (loss below zero) — as originally reported
- City statements · not yet audited
2026 · through June 30, 2026. City budgetary basis · not yet audited · not directly comparable to the audited accrual series.
Which service brings in the money — water, sewer, or trash?
- other
- sanitation
- sewer
- water
- City statements · not yet audited
2026 · through June 30, 2026. City budgetary basis · not yet audited · not directly comparable to the audited accrual series. Other fund revenue includes transfers through June 30, 2026; FY2025 transfers are reported separately.
Is the utility's net worth rising or falling?
- change in net position
- net position (ending)
City statements do not contain a newer comparable figure for this measure.
Reported net position declined from $22,022,944 in 2013 to $17,435,675 in 2024. The series is affected by operating results, financing, working capital and accounting changes, including the 2023 pension/depreciation restatement. It does not by itself establish physical deterioration or inadequate reinvestment.
Does running the utility actually generate cash?
- Real cash from operations
- System book value
City statements do not contain a newer comparable figure for this measure.
In 2024 operations generated $667.9K of real cash — but operations actually BURNED cash in 4 recent years (FY2019,FY2020,FY2021,FY2022), while the green line tracks the system's slowly-declining book value.
What customer deposits and net receivables does the utility report?
- Customer deposits held
- Receivables, net (billed + unbilled)
City statements do not contain a newer comparable figure for this measure.
Customers hold $663.3K in meter deposits (money the utility owes BACK), and net receivables, including billed and unbilled amounts, stood at $1.38M in FY2024 — FY2024 recognized bad-debt expense was $214,466; this is not a count of written-off bills (LOSM13024.pdf PDF p.17).
PENSION & THE 2023 RESTATEMENT — INCLUDING THE OPERATING-RESULT FLIP
GASB 68 pension reporting reached this fund only in the FY2024 audit — which restated FY2023 to put the net pension liability on the fund's books for the first time, and corrected a depreciation ERROR. Correcting that error cut FY2023 depreciation by $374,094, which cut operating expenses below operating revenue: FY2023 operations move from a loss as first issued to income as restated. The auditor's own words:
LOSM13024 · NOTE 10 · printed p.23 (PDF p.26) — VERBATIM
“The Utility recorded two prior period adjustments during the year. The first was to correct an error for depreciation expense and related accumulated depreciation to agree with the Utility's capital asset records. The second was to record effects of implementation of GASB Statement No. 68 relating to the City's cost sharing pension plan.”
| FY2023 LINE | ORIGINAL | CHANGE | RESTATED |
|---|---|---|---|
| Net capital assets 12/31/2023 | $17,936,898 | $374,094 | $18,310,992 |
| Net pension liability 12/31/2023 | $0 | $2,075,675 | $2,075,675 |
| Total net position 12/31/2023 | $18,558,521 | −$1,173,404 | $17,385,117 |
| Depreciation expense FY2023 | $945,359 | −$374,094 | $571,265 |
| Change in net position FY2023 | $1,096,042 | $296,087 | $1,392,129 |
| Net position, beginning of year FY2023 | $17,462,479 | −$1,469,491 | $15,992,988 |
| Total operating revenue FY2023 | $9,143,767 | $0 | $9,143,767 |
| Total operating expenses FY2023 | $9,215,363 | −$331,246 | $8,884,117 |
| OPERATING RESULT FY2023 | −$71,596 | $331,246 | $259,650 |
NET PENSION LIABILITY
$1.92M
statement $1,924,349; Note 8 $1,875,006 — unresolved source difference $49,343
◆ Audited · FY2024
ALSO RESTATED: FY2021
The FY2022 audit's comparative column restated FY2021 (depreciation +$20,328 → operating loss −$1,113,663 vs −$1,093,333 as first issued; net position revised upward by $139,339, from $18,387,780 to $18,527,119; FY2022 audit LOWM15622, PDF p.6).DEBT — THE AMI LOAN
The fund's only outstanding long-term debt: the 2015 Automated Meter Reading / Advanced Metering Infrastructure loan. Secured by utility revenues and the metering system itself.
What's left to pay on the meter loan?
- Interest
- Paying down the loan
The printed schedule covers 2025–2029 — about $216.0K a year through 2028, with scheduled maturity in October 2029. The audit's quarterly-payment text differs from its annual schedule by $1,039 per year.
AMI meter loan
ORIGINAL PRINCIPAL $2,310,977.00
OUTSTANDING $975,401.00
DUE WITHIN ONE YEAR $188,839.00
RATE 2.97%
PRINTED QUARTERLY PAYMENT $53,730 incl. interest
The audit prints quarterly payments of $53,730 and annual scheduled debt service of $215,959 for 2025–2028; these figures differ by $1,039 annually when multiplied. Source: LOSM13024, PDF p.20, Note 7.
MATURITY October 2029
SECURITY utility revenues + meters/software
REMAINING INTEREST TO PAYOFF $76,923.00
Water and Sewer Fund Financial Statements, FY2024, Note 7, PDF p.20
QUALIFIED OPINIONS
5 years
Years with a qualified opinion among the available FY2012–FY2023 utility reports.
◆ Published records · FY2012–FY2023 collection
INTERNAL CONTROL & COMPLIANCE
The FY2024 report’s limited procedures identified no material weaknesses and disclosed no reportable noncompliance. The report does not express an opinion on the effectiveness of internal controls.FY2024 Water and Sewer Fund financial report LOSM13024 · PDF page 34 (printed page 29)