City Council Work Session 10-25-2024

The Kaysville City Council Work Session on October 25, 2024, focused extensively on infrastructure planning and financial management tools, particularly related to water utility rate setting and capital improvement projects. A significant portion of the meeting was dedicated to a presentation by Waterworth, a cloud-based software platform designed to help the city set water rates and plan for future infrastructure needs with data-driven financial modeling. The council discussed the software's capabilities, including long-term financial forecasting, capital project funding scenarios, and rate adjustment impacts, with an emphasis on transparency and public communication. The subscription cost for the software was noted to be approximately $10,000 annually for water services, with additional fees for other utilities. The council expressed interest in adopting the software for improved planning and budgeting starting with water services.