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IS IT TRUE that Mayor-elect Stephanie Terry recently stated that the Indiana State Board Of Accounts is currently conducting an audit of the outgoing Winnecke administration books? …that if the Indiana State Board Of Accounts finds serious financial issues they have no enforcement power to correct the problems? Â …that we have been told by several financially savvy business people that incoming Mayor Terry must do at least a targeted “Forensic Audit” concerning The Ford Center and the Evansville Water And Sewer Utilities Department because both operations could be facing serious cash flow challenges?
IS IT TRUE that we have been told that the Evansville Water And Sewer Utilities  Department currently has an astonishing debt of $730 million and is facing many more hundreds of millions of dollars of construction costs because of the pending construction of a Water Treatment Plant and Sewage Treatment plant?  …that the above financial figures don’t include the many more hundreds of millions of dollars it will also cost the ratepayers to complete the separation of water and sewer lines throughout the City?
IS IT TRUE we are told that the City Of Evansville currently has a debt load of $280 million and is seemingly increasing more each day?
IS IT TRUE that ATTACHED BELOW is an accurate and detailed description of the commitments that the Evansville Water And Sewer Utility Department made to the EPA to correct the serious issues facing Evansville Water and Sewer treatment and delivery systems for many decades?
THE COMMITMENTS ARE:
Evansville Water and Sewer Utility (EWSU) is committed to the continuous improvement of our water and sewer infrastructure. We invest millions of dollars in capital projects for initiatives, including water line replacement and improvement and sewer line and lift station projects. Future investments include the construction of a new water treatment plant, and capacity expansion for the East Wastewater Treatment Plant, West Wastewater Treatment Plant, and overflow basin. We diligently monitor water quality around the clock and track all Utility assets, performing routine and proactive maintenance to anticipate and prevent major issues before they impact our customers.
Renewable Energy
Part of the EWSU’s core mission is to manage and protect our community’s precious land and water resources. Being a good steward of the environment means investing in reliable, clean energy sources that eliminate greenhouse gas emissions, reduce air pollution, and conserve natural resources. The Utility has several renewable energy projects underway.
Water Line Replacement
EWSU has a long-term strategy – Refresh Evansville – to replace the city’s aging water mains and supporting infrastructure, some of which date back to the early 1900s. Our goal is to ensure the integrity of our water distribution network for the health and well-being of the community for future generations.
Renew Evansville
EWSU will invest $729 million over 25 years on planned capital projects to upgrade our sewer infrastructure in response to a federal mandate to bring the City of Evansville into compliance with the Clean Water Act of 1972. Renew Evansville projects will significantly reduce the amount of combined sewer overflows and prevent untreated sewage from reaching the Ohio River and Pigeon Creek.
Water Treatment Plant
The current EWSU Water Treatment Plant was built more than 125 years ago and is near the end of its useful life. Equipment and electrical parts that were created for systems of the 1890s and 1900s are obsolete and must be custom-made when there is a breakdown. EWSU has developed a plan to build a new water treatment facility. Construction is scheduled to begin in 2025.
Today’s Readers Poll†question is: Are you concerned about the City Of Evansville’s future Water And Sewer rates?
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I can’t wait to see the full audit report. While the State Board of Accounts may not have any enforcement power, the Prosecutor’s Office does. Official Misconduct? I bet when they see RLM, (Russ Lloyd Math), it will be telling of financial crisis of the City. Stay tuned as they say.
Info from what seems to be reliable sources indicate that the state board of accounts are so under staffed that the 2022 audit was performed by an independent outside CPA firm. Consequently it would appear unlikely that SBOA would grant forensics and an outgoing audit. They probably will just conduct the routine annual audit
I can’t wait to see the full audit report. While the State Board of Accounts may not have any enforcement power, the Prosecutor’s Office does. Official Misconduct? I bet when they see RLM, (Russ Lloyd Math), it will be telling of financial crisis of the City. Stay tuned as they say.
Info from what seems to be reliable sources indicate that the state board of accounts are so under staffed that the 2022 audit was performed by an independent outside CPA firm. Consequently it would appear unlikely that SBOA would grant forensics and an outgoing audit. They probably will just conduct the routine annual audit
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