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A consultant from the Texas Rural Water Association came and spent time with the City Manager, Finance Director, City Engineer and Utility Director to develop a tool that the City can use showing total expenditures and total revenues. In addition, the study shows a 5-year Capital Improvement Plan Reserve that will be used to replace aging infrastructure such as old water or wastewater lines, pumps, etc. as their life span is exhausted. Using this reserve annually would be beneficial financially instead of having to borrow money short term.
A committee of 17 residents and local or Bullard business owners came together to look at the data from the study and tour facilities such as the wastewater plant and the City’s newest water well (Well #7). The Committee reviewed data from Texas Municipal League and surrounding communities to compare the City of Bullard’s rates. After lengthy discussions in two separate meetings, the Committee came to a consensus and made a recommendation to the City Council. During the City Council Meeting on November, 14th, the Council voted unanimously to approve the Committee’s recommendation and approve an ordinance setting the new rate structure.