FY 23 APPROVED CAPITAL BUDGET

Water & Sewer Billing Project

WATER & SEWER MISCELLANEOUS Project Number: O156007 Council District: Multiple Location: Various Est. Debt Service: $0

Operating Budget Impact

Revenues:

Expenditures: Cost Savings: None:

(annual)

X

Expended/Encumbered as of 2/9/22: $1,065,473

Project Schedule/Status: Implementation is underway for the new billing system project. 2020-2022: Develop, procure, implement 2023-2024: Billing rate assessment

PROJECT DESCRIPTION: This capital project is to procure and implement a replacement Water and Sewer Utility Billing System. The current billing system is over 30 years old and is based on previous legacy software. Because of this expense, maintenance efforts and potential risk of business interruption associated with this technology, a replacement application is required. The current system receives revenues of approximately $27 million annually. Any future general system failure would result in not properly collecting the revenues in a timely manner. A new replacement system will have enhancements to improve the business process of collecting revenue and improving service to over 43,600 water and sewer customers. A new billing rate evaluation is also planned for calendar year 2023-2024.

EXPENDITURE SCHEDULE

Approp Total

Cost Element

Prior

FY 2023

FY 2024 FY 2025 FY 2026 FY 2027 FY 2028

TOTAL

Engineering/Design Land Acquisition

2,500,000

2,500,000

2,500,000

0 0 0 0

0 0 0 0

Construction

Inspection Fees

Equipment/Furnishing

Total Cost:

2,500,000

0 2,500,000

0

0

0

0

0

2,500,000

FUNDING SCHEDULE

R8750 Paygo

2,500,000

2,500,000

2,500,000

0 0 0 0

0 0 0 0

Total Cost:

2,500,000

0 2,500,000

0

0

0

0

0

2,500,000

426