Title
Utilities - Quarterly Financial Updates
Recommended Action/UAC Deliverable:
Briefing only.
Issue:
Receive a briefing on current finances for the City’s utilities of Waste ReSources, Drinking Water, Storm and Surface Water and Wastewater
Staff Contact:
Gary Franks, Public Works Waste ReSources Director, 360.753.8780
Susan Clark, Public Works Interim Drinking Water Director, 360-753.8321
Eric Christensen, Public Works Water Resources Director, 360.570.3741
Presenters:
Same as above
Background and Analysis:
The Utility Advisory Committee reviews City utility finances, capital investments, and rates annually. The UAC has requested quarterly financial updates for the City’s utilities.
Staff will present financial data showing actual vs. budgeted revenues and expenditures with year-to-year comparisons.
Neighborhood/Community Interests:
City utilities provide essential public health services to Olympia residents.
Financial Impact:
None at this time. However, utility rates impact our community by the utility rates that customers pay.
Attachments:
None