FY27 Proposed Budget

Stormwater Fund

The Stormwater Fund is an enterprise fund that accounts fo r the activities of the City’s Stormwater Utility.

Fund Balance: The Stormwater F und’s fund balance on June 30, 2025 was $1,947,809 which was a 16.1% increase from the fiscal year 2024. The revised fiscal year 2026 fund balance is estimated to decrease 16.4% from fiscal year 2025 to $1,628,709. These changes are primarily due to the level of capital project funding and the amounts that are retained in the capital reserves at year end. Fiscal year 2027 projected fund balance represents a 42.5% increase over the revised budgeted fiscal year 2026 estimated year-end balance and is estimated to finish at $2,321,009. This increase is due to the decrease in capital projects funding. In fiscal year 2020, a Capital Reserve fund was created in the Stormwater Fund to set funds aside for future infrastructure replacement. These funds are shown below as assigned. The revised Capital Reserve balance is expected to be at $346,754 in fiscal year 2026 and $1,026,754 in fiscal year 2027.

Fund Balance (1)

$3,000,000

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

$-

FY2024

FY2025

FY2026

FY2027

FY2028

Assigned

$593,215

$586,754

$346,754

$1,026,754

$1,466,754

Unassigned $1,083,917

$1,361,055

$1,281,955

$1,294,255

$1,302,770

(1) FY26 - FY28 figures are estimates.

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