Town of Monterey

The committee held a discussion regarding the 2026-2027 budget, specifically exploring various funding options for the water and sewer fund aimed at minimizing the financial burden on citizens. The committee scheduled a follow-up joint meeting with the water/sewer committee to further address these matters.

The board discussed a request for funding additional trails at Meadow Creek Park. They passed the first and second readings of ordinances to adopt a fiscal year budget and establish a tax levy for the upcoming year. Additionally, the board considered the FMIG health care plan for the next fiscal year, discussed a water leak relief program, and opted to table a proposal regarding a playground project at Meadow Creek Park.

The committee discussed several key financial and infrastructure items. Discussions included the water leak relief program, with a decision to provide $2,000 in coverage. The committee reviewed a request for water line extensions on Board Valley Road and discussed the feasibility of grant funding for such projects. Lengthy deliberation occurred regarding water and sewer rates, resulting in the scheduling of a follow-up meeting. Additionally, the committee reviewed health insurance options, including potential HRA contributions, and discussed the preliminary 2026-2027 budget, which included professional training costs.

The committee discussed adjustments to water and sewer rates, including proposals to increase rates across the board to generate additional revenue and modify minimum usage requirements for residential and commercial customers. A motion was approved to adjust rates for both inside and outside city customers. Additionally, the committee approved the purchase of a new high-service turbine motor for the water plant at a cost of $10,382.88. The meeting also included a discussion on implementing an in-house internal leak relief program modeled after other utility services.

The meeting agenda includes the consideration of monthly bills, the third reading of an ordinance to adopt the fiscal year 2026-2027 budget, and the first and second reading of an ordinance regarding water and sewer rate schedules. Additionally, the board is scheduled to consider several resolutions, including support for recertification in the Tennessee Downtowns program, the adoption of formal policies and procedures for housing rehabilitation, and the ratification of the Putnam County growth plan as well as a charter change for the city administrator.