Sylvester-McCaulley Water Board Reports S10.5K deficit
Subhead
Annual audit cites rising water purchase costs; board seat now open
Six concerned members of the Sylvester-McCaulley Water Supply Corporation gathered for the board’s annual financial meeting on Monday night. The meeting featured a lively exchange between attendees and leadership, which evolved into an extended question-and-answer session rather than a formal discussion. m Roenna Thomas
The Sylvester- McCaulley Water Supply Corporation (WSC) finished the 2025 fiscal year with a drop in total net position of approximately $10,500, according to the annual financial report presented Monday night. Facing rising costs and a vacancy on the board, the corporation is moving into the new fiscal year with higher base rates.
Financial Strain and Rate Adjustments Gerald Rodgers of the account…