FY 24 APPROVED BUDGET IN BRIEF

FY 2023 - 2024 WATER & SEWER OPERATING FUND REVENUES TOTAL APPROVED BUDGET $79,815,000

Service Charges $56,146,600 70%

Miscellaneous $7,008,400 10%

Unrestricted Net Assets $16,660,000 20%

APPROPRIATIONS TOTAL APPROVED BUDGET $79,815,000

Depreciation $14,950,000 19%

Bureau of Wastewater Processing $20,864,881 25%

Bureau of Administration $5,550,595 7%

Bureau of Water Production $13,296,723 17%

Other $12,491,110 16%

Bureau of Engineering $2,015,816 3%

Bureau of Maintenance $10,645,875 13%

FY 23 APPROVED

FY 24 APPROVED CHANGE

SIGNIFICANT CHANGES: o Water and sewer operating expenses for maintenance, materials, inspections, etc adjusted based on spending history and projections o Increase in Paygo funding for water and sewer capital projects such as replacement of infrastructure, booster stations, infiltration and inflow, pump stations, water & sewer fleet replacement, etc $72,110,000 $79,815,000 $7,705,000

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