PRATTVILLE, Alabama -- The City of Prattville is considering taking out a $6 million loan to pay for a change in how the wastewater system is managed, reports the Montgomery Advertiser today.
By making the changes to how the system is funded, it would make the system a self-funded department, says the report. The $6 million number was concluded through a feasibility study to determine the benefits of making the wastewater department an enterprise fund.
The money could be used for infrastructure improvements ranging from repairing sewer lines to expanding current wastewater treatment plants or building a new one.
Prattville's budget has been the center of debate within the city since 2010. Currently, the city carries a $59.76 million debt load, says the report.