Indianola Municipal Utilities (IMU) presented their annual financial report earlier this week and the company shared that they have officially reached a net zero position. This means they have paid off the $12,000,000 debt the company took out to establish in 2018. IMU General Manager Chris DesPlanques says the process was completed in roughly half the time they expected it would take.

“For what everyone else should probably take out of there is there was a goal for IMU Fiber to be at this net zero position at about year 17 and 18. We’re going to be there between year eight and nine. In layman’s terms, a great financial milestone, and we did it twice as fast as the business plan expected.”

Hear the full interview on tomorrow’s Let’s Talk Indianola.