City of Superior Fiber Construction Costs – Hanco Utilities Invoice (October 2024)

This invoice from Hanco Utilities, Inc., dated October 21, 2024, reflects the City of Superior’s expanding infrastructure costs amid a worsening budget shortfall. The document bills the city $293,560.67 for Phase 1 of its municipal fiber network project, with $278,882.64 due after retention. These expenditures are drawn from the City’s General Fund, which is already under strain as annual expenses continue to rise faster than revenues.

The fiber construction project—part of Superior’s push toward broadband and communications upgrades—includes conduit installation, hand hole assemblies, vaults, tracer wire, and other materials purchased through Millennium. While the project supports modernization, such capital investments compound the city’s structural deficit, leaving officials with limited options to balance the books. As financial reports indicate, continued infrastructure spending of this scale will likely require property tax increases or new revenue sources in 2025 to maintain essential services.

File Type: pdf
File Size: 4 MB
Categories: City Council, City of Superior, Garner Moffat, Lindsey Graskey, Nick Ledin, Ruth Ludwig, Tylor Elm
Tags: budget deficit, City of Superior, fiber project costs, Hanco Utilities, property tax increase, ruth ludwig, tylor elm