FY27 Proposed Budget

Expenditures: The fiscal year 2027 budgeted expenditures are estimated to be 7.0% higher than the fiscal year 2026 which is primarily due to debt payments. Transfers are $17,346,400 or 75.7% lower primarily due to anticipated facility and digester gas improvements in 2026.

10.5 % of the Wastewater Fund’s expe nditures were for principal and interest payments. All outstanding sewer revenue bonds were repaid by the end of fiscal year 2023. However, two new revenue bond issues are planned for fiscal year 2026 to fund capital projects.

Long-term Projections:

Future Charges for Services revenues for Wastewater are projected forward based on an account growth rate of 1%. It is anticipated that future rate increases will be needed to pay for the revenue bonds planned in fiscal year 2026. 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 and revenues are expected to increase in fiscal year 2026 as a result of transfers for the anticipated facility and digester gas improvements in 2026.

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