Metropolitan Sewer District

12:03 pm
Wed July 25, 2012

LIBOR Scandal Likely Affecting Revenues for Kentucky Agencies

A former trustee for the Kentucky Pension Systems says an international banking scandal is leading to millions of dollars in losses for Kentucky agencies.

Investment consultant Chris Tobe believes the pension systems have lost money due to the false interest rates associated with the LIBOR banking scandal.

LIBOR averages interest rates from other major banks to set a standard. Some banks are charged with providing manipulated rates to LIBOR to boost profiles. 

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1:04 pm
Tue July 17, 2012

Sewage Spill Kills Fish in Brush Run

Hundreds of small fish have been found dead after thousands of gallons of raw sewage was accidentally released into a waterway in the far eastern part of Jefferson County.

Brush Run is a small stream—less than a foot deep in most areas—that feeds into Floyds Fork. The sewage release affected half of a mile of it, and killed about a thousand one to two-inch fish.

Metropolitan Sewer District Regulatory Services Director Brian Bingham says a grease buildup caused a sewage pumping station to malfunction.

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6:09 am
Fri June 15, 2012

Volunteers From Six States Expected to Participate in River Cleanup Tomorrow

Volunteers from Pittsburgh to Cairo, Illinois will gather along the banks of the Ohio River tomorrow for a concentrated effort to clean the river.

This is the 23rd annual Ohio River Sweep, and more than 15,000 volunteers from six states are expected to participate. The event is organized by the Ohio River Valley Water Sanitation Commission, and locally by the Metropolitan Sewer District.

There are six Louisville-area locations where volunteers will be gathering debris from the banks of the river from 9:00 a.m. to noon tomorrow. The sites are:

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5:31 pm
Tue May 15, 2012

Task Force Recommends Gradual Merger Between MSD, Louisville Water

A task force commissioned to study Louisville’s utilities is recommending a gradual merger between the Metropolitan Sewer District and the Louisville Water Company. The group issued its recommendations to Mayor Greg Fischer today.

Fischer ordered the analysis after a state audit of MSD showed egregious waste and inefficiencies. The group was tasked with studying the operations of Louisville Water, MSD and Metro Public Works and identifying ways the entities could collaborate.

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Local News
5:56 pm
Tue May 8, 2012

Consultants Predict Financial Benefits of Utility Collaboration

The task force studying potential collaborations between several Louisville utilities has one more week to finalize its recommendations to Mayor Greg Fischer. The group heard from a consultant today about some potential financial benefits to a merger.

The utility task force was assigned to analyze the services provided by Metropolitan Sewer District, Louisville Water and Metro Public Works and determine what functions could be consolidated. According to the consultants advising the group, there are numerous financial reasons for at least some type of collaboration.

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7:00 am
Mon May 7, 2012

Utility Task Force Hasn't Ruled Out Potential Merger Between MSD, Louisville Water

The utility task force studying a potential collaboration between the Metropolitan Sewer District, Louisville Water Company and Metro Public Works is nearing the end of its work.

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