Report: Naugatuck and Private Sewage Company Disagree Over Revenue

Naugatuck’s contract with Veolia Water is scheduled to expire in 2022, and the town is now considering other options because the company is not bringing in as much revenue as it’s supposed to due to believed miscalculations, the Republican-American reports.

The contract contains a profit-sharing agreement that states Naugatuck will receive a portion of Veolia’s revenue brought in from treating merchant sludge, the Rep-Am reported. This agreement brought the borough $2.1 million for this fiscal year, which ends on June 30, and is $929,508 less than last year’s revenue.

Naugatuck wasn’t anticipating that drastic of a loss, and officials told the Rep-Am that it will affect the budget proposed for 2015-16. Naugatuck and Veolia are currently involved in serious litigation, with both parties accusing the other of faulting on the contract and costing the other money. 

Read the full Rep-Am story here.