02:17During the meeting, the board highlighted that the initial budget proposal included a 5% increase in water rates without altering the base meter fee, based on recommendations from a consultant. However, the city council rejected this budget, prompting a re-evaluation that led to reductions in capital improvements and personnel costs, including intern and co-op student programs. The revised budget also incorporated $200,000 from an expected settlement with Westport to further decrease the water rate increase.

09:38The board expressed concerns about potential financial shortfalls resulting from these cuts, which could affect the ability to address infrastructure needs and emergencies. They noted that using settlement funds and other savings to balance the budget could jeopardize long-term financial stability. There was also discussion about the impact of reduced funding on future grant applications, as well as the necessity of seeking additional revenue sources from surrounding communities to sustain operations.

15:30Despite these challenges, the board remains optimistic about managing the current financial landscape. The revised water rate is set at $4.41 per 100 cubic feet, translating to an average household impact of $91 annually. The total increase in water and sewer bills for the average household is estimated at 2.9%, a modest rise given the current economic climate.