FY2022

lower debt service requirements as the final payments on the 2016C Sewer Revenue Refunding Capital Loan Notes roll off.

(1) FY21 - FY23 figures are estimated

The Wastewater Fund maintains two reserved funds: one restricted fund for debt service and one assigned one for capital reserves. The debt reserve funds are restricted in accordance with revenue bond covenants. Bond covenant requirements are monitored annually on an accrual basis and reported in the City’s Annual Report. The capital reserve is assigned to build reserves for future system and infrastructure improvements. Restricted fund balances in the debt reserve and assigned fund balances in the capital reserve are enticipated to be $4,650,188 and $6,024,570, respectively, in fiscal year 2022. Revenues: Approximately 98% of Wastewater operations are funded through charges for services. Wastewater Operations are funded by sewer user fees, per the following schedule:

$8.15

Minimum Monthly Charge (includes the first 100 cu. ft. used)

$3.99

Each Additional 100 cu. ft.

included in charge for 100 cu. ft. of water used

BOD (per pound) 300 mg/L or less

$0.284 $0.425 $0.227

BOD (per pound) from 301 mg/L to 2000 mg/L BOD (per pound) greater than 2000 mg/L

per pound per pound per pound

Suspended Solids (SS) per pound

395