FY2024 Proposed Budget

Revenues: The Water Division is funded by water user fees, per the current schedule:

Minimum Monthly Charge (MMC)

Minimum Usage Rates

Meter Size (inches)

FY2023

FY2024

Cubic Feet First 100/mo. 101-3,000/mo. 3,001 and over

FY2023

FY2024

$8.19 $8.95

$8.52 $9.31

5/8 (residential)

MMC (varies) $3.82/100 cu. ft. $2.74/100 cu. ft.

MMC (varies) $3.97/100 cu. ft. $2.85/100 cu. ft.

3/4

$10.54 $21.01 $28.26 $52.23 $91.09 $183.29

$10.96 $21.85 $29.39 $54.32 $94.73 $190.62

1

1½

Single Purpose Meter Charges

2 3 4 6

FY2023

FY2024

MMC (varies) $3.82/100 cu. ft.

MMC (varies) $3.97/100 cu. ft.

First 100/mo. Over 101/mo.

A flat 4% rate increase is budgeted for fiscal year 2024 for all usage levels and meter sizes. Approximately 90% of Water operations are funded through charges for services.

Revenue Trends

$0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 $16,000,000

2020 Actual

2021 Actual

2022 Actial

2023 Revised 2024 Budget 2025 Projected

Charges for Services

Use of Money & Property

Intergovernmental

Miscellaneous

Other Financial Sources

Use of Money & Property primarily consists of interest on investments and interest on past due utility bills.

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