The Wellington Village Council Workshop held on May 12, 2025, focused on the utility budget and upcoming rate adjustments. Key discussions highlighted the ongoing efforts to maintain a strong financial position for the utility department, with staff emphasizing their commitment to managing both the operating and capital budgets effectively.

During the meeting, officials reported a significant settlement estimate of $6 million, with the first payment of approximately $1.5 million already received. This funding is expected to be distributed over several years, impacting future budget forecasts. Additionally, the council discussed the ongoing meter replacement project, which has an estimated cost of $11 million. The first portion of this project has been awarded approximately $6.5 million in debt, with plans to finalize documentation for approval in an upcoming agenda.

The council also addressed the necessity of a proposed 10% rate increase, which will be communicated to customers starting in June. This adjustment is intended to help the utility keep pace with rising operational costs, including improvements and chemical expenses. The final approval for the utility budget is scheduled for the August meeting, aligning with legislative notice requirements.

Overall, the workshop underscored the importance of proactive financial management in the face of increasing costs and the need for continued investment in utility infrastructure. The council remains focused on ensuring that the utility services remain reliable and financially sustainable for the community.