FY25 Proposed Budget

(1) FY24 - FY26 figures are estimated

The Wastewater Fund maintains two reserved funds: one restricted fund for debt service and one assigned for capital reserves. The debt reserve funds are restricted in accordance with revenue bond covenants. 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 anticipated to be $4,958,713 and $3,359,160, respectively, in fiscal year 2025. Revenues: Approximately 99% of Wastewater operations are funded through charges for services. Wastewater Operations are funded by sewer user fees, per the following schedule:

FY2024 FY2025

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

$8.31

$8.73

Each Additional 100 cu. ft.

$3.99

$3.99

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