FY 23 Approved Budget Book

HARFORD COUNTY MARYLAND FISCAL YEAR 2023 BUDGET SUMMARY

Water & Sewer Fund FY 23 Approved Budget FY 22 Approved Budget

72,110,000 67,135,000 4,975,000

7.64 % of the Total All Funds FY 23 Operating Budget 8.02 % of the Total All Funds FY 22 Operating Budget

$ increase % increase

7.41 %

The Water & Sewer Operating Fund was established as a self-sustaining utility account for water and sewer services provided by Harford County Government. Water & Sewer appropriations provide for the merit increase of 3% and COLA of 7% for all eligible employees; additional funds for fire hydrant painting, elevated water tank maintenance; adjustments to inspections and maintenance; and an increase for chemicals in bulk based on escalating costs. Paygo to support the FY 23 Approved Water & Sewer Capital Budget; and adjustments to Depreciation and Pro Rata charges (provided to the General Fund) increase for FY 23.

Water & Sewer Debt Service FY 23 Approved Budget FY 22 Approved Budget

20,725,000 21,464,000

2.19 % of the Total All Funds FY 23 Operating Budget 2.57 % of the Total All Funds FY 22 Operating Budget

$ decrease % decrease

(739,000)

(3.44)%

The Water & Sewer Debt Service Fund provides appropriation authority for the payment of principal and interest of long-term water and sewer bonds and loans used to finance the capital projects of the County-owned water and sewer system. The decrease in funding for FY 23 is a result of the principal and interest payments adjusted to amounts due on outstanding debt.

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