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Chatham Village Board discusses water maintenance projects

Staff Contributor

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Water was the main issue discussed at the Chatham Village Board meeting. There was a short explanation of the plans to paint some of the tanks. Some preparation is necessary to ensure steady water pressure in the system as different tanks and pumps are brought online.

The more serious issue dealt with damaged pipes. These pipes are crush and slowly filling with sand and other debris. While this is an issue in its own right, the scope and type of damage indicates that poor workmanship, rather than normal wear-and-tear, is likely the principle cause of the damage. However, the documentation relating to this project was not immediately available, although the board is trying to locate it. Public comment also shed light on potential issues with other water projects in years past, suggesting there may be other issues at play.

In other village business, the Fiscal Year ’18 budget is almost ready. Labor negotiations are still ongoing, so the budget will have to wait for those to concluded before it can be finalized.

You can watch the full meeting below:

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Southeast branch pickup is tomorrow

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Residents in the southeast quadrant are reminded to put out their branches tonight for the fall pickup. Branches need to be out by 6:00 AM to ensure they are picked up. The southeast quadrant is south of South Grand Avenue and east of Walnut Street, and includes the properties around Lake Springfield. This is the only scheduled branch pickup for the quadrant this fall.

You can also check out the city’s map to find out which quadrant you are in and other regulations about the pickup.

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City gets good budget news tempered with warnings

Thomas Clatterbuck

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The City of Springfield is on track for a budget surplus in FY 2019. Based on current revenue, the city may have a positive fund balance of $1.7 million. This comes as something of a surprise, considering the original budget had an estimated $2.6 million shortfall. At last night’s city council meeting, Budget Director Bill McCarty explained what caused the turnaround.

Numerous factors played into the turnaround. Early tax payments, a large settlement from Comcast, and a transfer from Fund 095 to the corporate fund were key on the revenue side. Hiring delays and stabilizing healthcare cost increases have been key on the expense side of the equation.

The city’s good management has been noted by outsiders as well. The S&P affirmed the city’s AA bond rating, which helps determine how much interest is paid on new bonds. A higher bond rating is a good indicator of financial health, and so avoiding a downgrade is very valuable for the city.

Clouds on the horizon

But while the current year is better than expected, the council was given several warnings about the future. Director McCarty pointed out that much of the surplus was due to a one time settlement. That extra million helps this year, but doesn’t represent a lasting increase in revenue. While optimistic about the long

Representatives from the Police Pension fund also warned about the growing pension obligations. Pensions already consume all of the property tax revenue in the city. McCarty said that where property tax used to pay for pensions and other things, now they only pay for pensions; and even other revenue sources are being tapped to make the required payments.

The S&P also noted these long-term challenges. So while the current AA rating was affirmed, the city’s outlook was downgraded from “stable” to “negative.” Although this will not impact current interest rates, it might make future borrowing more expensive.

You can watch McCarty’s presentation to the council which starts at 55:00. You can also watch his after meeting Q&A in the player below.

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LIVE | Springfield City Council October 16th

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Follow along live with the Springfield City Council meeting. Local BSA troop 202 is present. Camp Care-a-Lot is being recognized for their work with under privileged students. Director McCarty will present on the city’s finances shortly.

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