City gives nod to borrowing from sewer utilities

Seymour Common Council approved borrowing millions of dollars from the city’s sewer utility fund should the need arise this year.

The council unanimously gave Clerk-treasurer Fred Lewis permission to use as much as $5 million from the account to pay city expenses until tax money is distributed later this year to the city and other local governments.

Not all of that could be borrowed at once — the sewer department has a balance of $4 million, Lewis said.

The first round of property and income tax revenues are expected to arrive sometime in June, Lewis said.

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