CIP FY 26-30 Final - Flipbook - Page 22
facilitating sustainable growth and development, enabling the City to effectively meet the needs of
its residents and businesses in the years to come. It is anticipated that new rates will be implemented
sometime during FY 2025/26.
The Water and Wastewater Department plays a pivotal role in ensuring the delivery of high-quality
water services and responsible wastewater management to residents and businesses alike. The City’s
investment in these critical areas reflects its dedication to meeting the demands of a growing
population while maintaining a focus on environmental sustainability and resource protection.
Water & Wastew ater Funds
Estim ated
Proposed
Projected
Projected
Projected
FY 24-25
FY 25-26
FY 26-27
FY 27-28
FY 28-29
FY 29-30
74,686,126
$ 76,648,027
$ 75,815,783
73,217,942
$ 74,299,532
$ 74,611,176
Combined Water
7,967,875
8,048,000
8,369,920
8,704,717
9,052,905
9,415,022
Combined Wastew ater
Reclaimed Water
6,606,050
-
6,620,000
-
6,884,800
-
7,160,192
-
7,446,600
-
7,744,464
1,185,048
Fund Balance, BOY - ACFR
$
$
Projected
System Revenue
Interest (Investment earnings)
937,800
1,052,900
1,084,487
1,117,022
1,150,532
Sew er Impact Fees
500,000
525,000
540,750
556,973
573,682
590,892
Water Impact Fees
200,000
150,000
154,500
159,135
163,909
168,826
Fines and Forfeitures
220,000
220,000
226,600
233,398
240,400
247,612
Contributions, Donations
-
-
-
-
-
-
17,200
10,000
10,300
10,609
10,927
11,255
Other Income
ARPA Grant
-
-
Transfers In
2,633,800
2,633,800
2,712,814
2,794,198
2,878,024
2,964,365
Total Revenue
19,082,725
19,259,700
19,984,171
20,736,243
21,516,980
22,327,484
Total Funding Available
93,768,851
95,907,727
95,799,954
93,954,185
95,816,512
96,938,660
Less:
Operating Expense
11,206,668
10,149,353
10,656,821
11,189,662
11,749,145
12,336,602
Transfer Out
4,933,800
5,233,800
2,600,000
2,600,000
2,600,000
2,600,000
Debt Service
980,355
877,392
885,191
884,991
884,191
887,791
CIP Projects
-
3,831,399
8,440,001
4,980,000
5,972,000
2,805,000
18,629,393
Total Expenses
17,120,823
20,091,944
22,582,013
19,654,653
21,205,336
Net Operating Incom e (Loss)
1,961,902
(832,244)
(2,597,842)
1,081,591
311,644
3,698,091
Investment in Capital Assets YE
63,703,088
63,703,088
63,703,088
63,703,088
63,703,088
63,703,088
Unrestricted Fund Balance
Fund Balance, EOY - ACFR
$
12,944,940
12,112,696
9,514,854
76,648,027
$ 75,815,783
$ 73,217,942
$
10,596,445
10,908,089
14,606,180
74,299,532
$ 74,611,176
$ 78,309,267
NOTES:
1. Beginning Fund Balance in FY 23-24 based on cash available
2. Water and Wastewater revenue projections include a 4.0% increase per year for FY 2026/27 through
FY 2029/30.
3. Other revenue projections include a 3% increase per year for FY 2025/26 through FY 2029/30.
4. Impact fee revenue projections going forward include a 3% increase per year for FY 2025/26 through
FY 2029/30.
5. Expenditures projections assume a 5% increase per year for FY 2025/26 through FY 2029/30.
6. CIP Expenditures projections for FY 2025/26 through FY 2029/30 are based on the estimated cost of
CIP projects
7. Analysis assumes that project budgets are fully spent each year going forward.
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