FY25 Proposed Budget

Long-term Projections:

Future revenues are projected to gradually increase as the number of accounts is projected to grow by 1% annually. Fiscal years 2025 revenues are projected to decrease as transfers for debt service payments drop off. Future expenditures were projected with the assumptions that personnel related expenditures would grow at a 3% rate annually and services and supplies would grow at a 2% rate annually. Expenditures increase in fiscal year 2024 & 2026 due to an increase in Capital Project Fund transfers out. Expenditures after fiscal year 2024 start to decrease dramatically as the remaining outstanding water revenues bonds are paid off.

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