FY 26 Proposed Operating Budget Book

a period of 25 years from the date of connection, and are imposed at a rate of $70 per EDU for properties connected to the water/sewer system before December 31, 1991, and $140 per EDU for properties connected after December 31, 1991. BIOLOGICAL NUTRIENT REMOVAL FEE This fee was added to the County Code Chapter 256, Article V, Section 45.5 to cover the debt payment that the County incurred on capital construction costs to install the biological nutrient removal process at the Sod Run Wastewater Treatment Plant. Sewer system customers are billed each fiscal year based on the customer's sewer usage. This fee will remain in effect until the total debt service incurred for this period is retired. SANITATION PERMIT The County Health Department imposes an assessment and requires a permit to install a septic system. The permit fee is collected by the County Department of Inspections, Licenses, and Permits, and the revenue is divided between the Water & Sewer Debt Service Fund and a General Fund account dedicated to the Health Department. CAPITAL SURCHARGES The Governmental Accounting Standards Board (GASB), the standard-setting authority for governmental accounting, introduced a financial reporting model through GASB Statement No. 34, which requires capital contributions flow through income statements as revenues. This account will be used to record surcharges for a limited number of specific projects as well as any future capital surcharges to be set. INVESTMENT INCOME This account is provided to record interest earned on the investment of all idle cash in the Water and Sewer Debt Service Fund.

FUND SUMMARY BY CHARACTER

Water & Sewer Debt Service Fund Summary by Character FY 23 Audited

FY 24 Audited

FY 25 Approved Budget

FY 26 Proposed Budget

CONTRACTUAL SERVICES

$0

$1,798

$70,000

$70,000

DEBT SERVICE

$11,921,015

$11,715,011

$11,529,500

$12,007,882

MISCELLANEOUS

$0

$0

$2,282,000

$282,118

TOTAL

$11,921,015

$11,716,809

$13,881,500

$12,360,000

FUND SUMMARY BY DEPARTMENT

Water & Sewer Debt Service Fund Summary by Department FY 23 Audited

FY 24 Audited

FY 25 Approved Budget

FY 26 Proposed Budget

DEBT SERVICE

$11,921,015

$11,716,809

$13,881,500

$12,360,000

TOTAL

$11,921,015

$11,716,809

$13,881,500

$12,360,000

SUMMARY BY REVENUE SOURCE

Water & Sewer Debt Service Revenues

FY 23 Audited

FY 24 Audited

FY 25 Approved Budget

FY 26 Proposed Budget

TAXES

$3,374,022

$3,214,055

$3,030,000

$2,998,500

CHARGES FOR SERVICES

$18,151,389

$7,672,854

$10,671,500

$9,224,800

MISCELLEANOUS REVENUES

$124,803

$134,690

$180,000

$136,700

TOTAL

$21,650,214

$11,021,599

$13,881,500

$12,360,000

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