PROJECTBUDGET PLANNING

General fund loan to CWD4

Town of Carmel
Detected
Oct 21, 2026
17 days ago
Sector
Utilities
Est. value
Free account
Detected 17 days agoOct 21

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From the meeting

At the October 21, 2026 work session, staff requested a temporary loan from the General Fund to Carmel Water District #4 because there were insufficient funds in the district operating budget for three recent water main repairs. The summary listed invoices from bee & jay and kuck and said the loan would be up to $100,000 to cover the repairs and remaining year-end expenses. The attached resolution authorized the advance subject to repayment when revenue sources or debt proceeds are received.

Meeting date
October 21, 2026
Agency
Town of Carmel

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