Annual figures and changes are Comal.News arithmetic from the city’s monthly rates; the proposed rate requires council adoption.
What the added revenue would support
City staff estimates the higher fee would generate $800,000 in additional revenue to support debt payments associated with $8,375,000 in drainage projects. The item memorandum names FM 78 South Channel silt removal, Wendy Swan, Kramer Farm, Woodbridge, culvert and channel work at Portage Lane and Morning Drive, and the Oak Forest channel. Those are the projects identified for the proposal; the $8.375 million figure is a project amount, not a stated annual debt payment.
These figures have different meanings and are not a debt-service schedule.
What has to go right
Dividing $8,375,000 by $800,000 gives about 10.47 years of nominal incremental receipts if that revenue estimate recurs annually. That arithmetic is a scale comparison, not a payoff period: borrowing would involve debt terms and interest, and the utility also has operating needs and existing fee revenue. It would be misleading to treat the $800,000 estimate as a verified annual payment or to assign the entire project amount to residential customers. A payment schedule and account-level revenue breakdown would make that comparison meaningful.
The city’s project update places the named work at different stages. FM 78 South Channel silt removal was in easement acquisition and slated for rebidding after easements, while Wendy Swan had final plans and bidding expected later in October. Those steps help explain why a fee proposal and construction spending are separate decisions; they do not establish the amount of debt issued for either project.
What comes next
Council is scheduled to consider Ordinance 26-M-032 on Oct. 13; an adopted ordinance or recorded council outcome would establish whether the $11 rate takes effect. The meeting is scheduled for 6 p.m. at the Hal Baldwin Municipal Complex Council Chambers, 1400 Schertz Parkway, Building 4. Residents following the financing can use the posted council packet to identify the ordinance, then check the council’s recorded action and any subsequent debt-service exhibit for actual payment terms.
