Altavista's water and sewer fund is thriving, but experts warn that 5-5.5% annual revenue increases will be crucial to maintain financial stability moving forward.
Learn more here
#AltavistaCampbellCounty #VA #CitizenPortal #RevenueGrowth #AltavistaWater #FinancialStability #UtilityManagement
Learn more here
#AltavistaCampbellCounty #VA #CitizenPortal #RevenueGrowth #AltavistaWater #FinancialStability #UtilityManagement
Consultants say 5'5.5% annual revenue increases likely needed to protect reserves and debt capacity
Davenport presented a pro forma showing strong recent revenue growth and reserves, but projected that 5'5.5% annual increases in water and sewer revenues beginning FY 2028 would be needed to sustain debt-service coverage and target unrestricted cash on hand.
citizenportal.ai
November 2, 2026 at 7:04 AM
Altavista's water and sewer fund is thriving, but experts warn that 5-5.5% annual revenue increases will be crucial to maintain financial stability moving forward.
Learn more here
#AltavistaCampbellCounty #VA #CitizenPortal #RevenueGrowth #AltavistaWater #FinancialStability #UtilityManagement
Learn more here
#AltavistaCampbellCounty #VA #CitizenPortal #RevenueGrowth #AltavistaWater #FinancialStability #UtilityManagement