CIP 2027-2031 (Final) - Flipbook - Page 20
PROPOSED 5 YEAR CIP - 1ST READING
Building Fund
Fund Balance, Less Investm ent
in Capital
Permits
Interest Earnings
Total Revenue
Total Funding Available
JULY 16, 2026
Actual
Estim ated
Proposed
Projected
Projected
Projected
Projected
FY 24-25
FY 25-26
FY 26-27
FY 27-28
FY 28-29
FY 29-30
FY 30-31
$ 2,288,052
$ 2,916,457
$ 1,743,092
$ 1,700,214
$ 1,913,089
$ 2,110,162
$ 2,289,775
1,369,784
1,266,200
1,304,186
1,343,312
1,383,611
1,425,119
1,467,873
92,219
98,000
100,940
103,968
107,087
110,300
113,609
1,462,003
1,364,200
1,405,126
1,447,280
1,490,698
1,535,419
1,581,482
3,750,055
4,280,657
3,148,218
3,147,493
3,403,787
3,645,581
3,871,256
689,142
618,787
649,726
682,213
716,323
752,139
789,746
-
280,750
294,788
309,527
325,003
341,253
358,316
115,056
174,753
183,491
192,665
202,298
212,413
223,034
Less:
Personal Services
Operating
Transfers to Other Funds
CIP Expenditures & Encumbrances
Total Expenditures
Net Operating Incom e (Loss)
Fund Balance, End of Year
29,400
833,598
*
1,463,275
320,000
50,000
50,000
50,000
2,537,565
1,448,005
1,234,405
1,293,625
1,355,806
1,371,097
628,405
(1,173,365)
(42,879)
212,875
197,073
179,613
210,385
$ 2,916,457
$ 1,743,092
$ 1,700,214
$ 1,913,089
$ 2,110,162
$ 2,289,775
$ 2,500,160
* Not all funds will be spent by end of fiscal year resulting in a large amount of encumbered funds
being rolled over into the next year using new year cash receipts
Notes:
1. Beginning Fund Balance in FY 2025/26 ties with ACFR FY 2024/25 year-end balance
2. Expenditure projections for FY 2026/27 - FY 2030/31 based on estimated cost of CIP projects
3. Assumes that project budgets are fully spent each year going forward
4. Revenue is projected at a 3% growth rate
5. Operating expenditures are projected at a 5% growth rate.
Water and Wastewater Fund
Revenues from this fund primarily support operations and projects related to the
maintenance, enhancement and expansion of the City’s water and wastewater infrastructure.
Water and wastewater services play a crucial role in the daily lives of residents and
businesses, ensuring the availability of clean and safe water for consumption and efficient
treatment of wastewater to protect the environment, all the while meeting or exceeding water
quality requirements. These services are fundamental components of a well-functioning and
sustainable community, providing the foundation for public health, economic growth and
development, and environmental preservation.
Water services encompass the supply, treatment, and distribution of potable water to
residential, commercial, and industrial consumers. High-quality drinking water is essential
for health, hygiene, and overall well-being. To meet the demands of a growing population
and maintain water quality, advanced treatment processes and cutting-edge technologies are
utilized by the City of Eustis. This ensures that the water delivered to consumers is not only
safe but also meets stringent regulatory standards.
Wastewater services encompass the collection, treatment, and disposal of used water from
residential, commercial, and industrial sources. The treatment process removes contaminants
and pollutants, making the wastewater safe to release back into the environment or reuse for
various purposes. Effective wastewater management is vital for safeguarding public health,
preventing water pollution, and preserving the ecological balance of local water bodies.
Both water and wastewater services require continuous monitoring, maintenance, and
improvements to meet the ever-evolving needs of the community and to maintain the everincreasing regulations imposed by various entities. Investment in infrastructure upgrades,
expansion, modernization and innovation are essential to address challenges posed by
commercial development, population growth, and changing regulatory requirements.
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