The infographic below provides further detail on the meeting of the Finance Committee, April 14, 2026.
Finance Committee Reviews the Numbers and Discusses Proposed NEW Chief of Staff position
Listen to the entire meeting on any device, CLICK PLAY.
The committee recommended that the full City Council approve a 5 year contract for the police department’s reporting and policy system. Mayor Nicholson proposed a new Chief of Staff position, intended to centralize municipal facilities management, oversight of the Waterford Community Center and City-wide communications. Also reviewed: a Four year schedule for water rate increases necessitated by infrastructure loan repayments and rising operational costs. Additionally, the Mayor provided a detailed update on the City’s health insurance trust fund, outlining various options to address a projected $1.4 million budget increase. Discussions also focused on non-essential spending freezes, department head salary steps, and administrative budget transfers.
