CIP FY 26-30 Final - Flipbook - Page 21
Water and Wastewater Fund
Revenues from this fund primarily support 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 alike,
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. Investment in infrastructure upgrades,
modernization, and innovation are essential to address challenges posed by commercial
development, population growth, and changing regulatory requirements.
As communities embrace the principles of environmental conservation and sustainable development,
water and wastewater services are at the forefront of promoting responsible water use, conservation
efforts, and water recycling initiatives.
Water & Wastewater Funding Analysis:
The Water/Wastewater fund projections are based upon current FY 2024/25 estimated revenues with
an annual 4% increase in water and sewer revenue and a 3% increase in all other revenue for FY
2026/30. The total FY 2026/30 revenue estimate is $103,824,578, approximately 1.6% more than the
total revenue needed to fund all projects and other expenses of this fund. An assumed 5%
expenditure increase for FY 2026/30. Most of the City’s capital improvement projects fall within the
Water and Wastewater Fund. The last utility rate study was conducted in-house in FY 2020. Due to
current economic conditions and inflation, the City is currently having an updated rate study
conducted. The study is being performed by an independent consulting company and new rates
should be presented to the Commission in early FY 2025/26.
Over the next five years, the total estimated cost of projects is $102,163,338, including all debt and
operating costs, with a projected ending fund balance of $ $78,309,267. The Water and Wastewater
fund analysis includes the Water and Sewer Fund, Water and Sewer Revenue Fund, Reclaimed Water
Fund, Water Impact Fees Fund and Sewer Impact Fees Funds.
The City will continue with the extensive analysis of water, wastewater, stormwater, and water and
sewer impact fee rates during FY 2025/26, as previously discussed in the Stormwater Fund analysis.
The City continues to seek necessary funding for upcoming projects while ensuring that any
adjustments to water and wastewater rates are fair and necessary to sustain the City’s water,
wastewater and stormwater utility systems. The results of the study will play a pivotal role in
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