07/01/2026
The Comptroller is the State authority over government finances. They can approve or reject our town budget. They can audit us anytime. The Comptroller is appointed by our Senate. His office is interested in the financial part of our water utility. While their office doesn't address pipes and pumps and water towers, they make sure we manage the utility finances to be able to afford upkeep AND that we provide the best rate to customers.
Water income can ONLY pay for water related things.
The Comptroller demanded we do a rate study. They talked about us doing a feasibility study.
We did both.
The rate study order was ignored by the previous mayor and we were subpoenaed to TBOUR last year to make us comply. I got the subpoena and told them we would do both studies.
The Rate study concluded that water rates were ok but they determined our wastewater plant was not properly funded by our current rate.
They said we need to raise wastewater rates 20% this year and '28 and '29.
For my personal water bills, this would add about $8 to my bill.
The Comptroller demands that we implement the rate study conclusion.
Failure to comply will result in the Comptroller doing a few different things:
1. Decline our city budget
2. Take us to court and...
a. Force the sale of our utility or
b. Force this rate increase
You might say, "let's fight the rate in court!"
But understand that the State is prepared to win that fight
You might say, "Let's let them sell it!!!!"
But understand that the rate study determined that the wastewater plant and the area it covers is not adequately funded at our current rate. That won't change with another utility owning it.
Also, we have no control over rates AT ALL once it belongs to another company. Right now we manage it for ourselves.
The sale or merger of our water utility might not be a bad thing. The thing is, this wastewater rate will come either way.
Also, if we did the 20%, we keep control and we can decide for ourselves whether to sell or keep.
As of now, our budget is in the Comptroller hands AND the rates and ownership of the utility are now in their hands and in the hands of the court.