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<br />next ten years of expenditures, as noted in the graph below. The proposed increase for the 2026 budget
<br />is 5% with anticipated revenue of $525,000.
<br />
<br />Use of Funds and highlights the next five years:
<br />
<br />2026 – Storm Water Standalone Projects - $111,000
<br />2026 – Storm Water Part of the Streets Projects - $52,500
<br />
<br />2027 – Storm Water Standalone Projects - $72,500
<br />2027 – Storm Water Part of the Streets Projects - $0.00
<br />
<br />2028 – Storm Water Standalone Projects - $67,000
<br />2028 – Storm Water Part of the Streets Projects - $273,000
<br />
<br />2029 – Storm Water Standalone Projects - $79,000
<br />2029 – Storm Water Part of the Streets Projects - $163,901
<br />
<br />2030 – Storm Water Standalone Projects - $68,000
<br />2030 – Storm Water Part of the Streets Projects - $165,001
<br />
<br />
<br />Fund Outlook:
<br />There are likely sufficient revenues to fund the improvements identified for the next ten years. The fund
<br />balance projections below anticipate a 5% utility fee increase each year.
<br />
<br />2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
<br />Revenues $528,500 $555,850 $586,713 $612,153 $642,741 $674,948 $708,150 $742,628 $779,664 $819,547
<br />Expenditures $473,785 $388,944 $763,799 $603,295 $627,448 $687,209 $742,325 $737,700 $724,547 $865,114
<br />Fund Balance $229,200 $396,106 $219,020 $227,878 $243,171 $230,910 $196,736 $201,663 $256,781 $211,215
<br />0
<br />50,000
<br />100,000
<br />150,000
<br />200,000
<br />250,000
<br />300,000
<br />350,000
<br />400,000
<br />450,000
<br />0
<br />100,000
<br />200,000
<br />300,000
<br />400,000
<br />500,000
<br />600,000
<br />700,000
<br />800,000
<br />900,000
<br />1,000,000
<br />Fund BalanceRevenues and ExpendituresFund 603 -Storm Water
<br />Revenues Expenditures Fund Balance
<br />VII. Water/Sewer Replacement Fund (604)
<br />
<br />Background:
<br />This fund is used to account for funds set aside from the City’s water and sewer operating utilities to be
<br />used for future equipment replacement and capital costs for the City’s utilities.
<br />
<br />Source of Funds:
<br />The Fund receives an annual operating transfer from the Water Enterprise Fund & Sewer Enterprise Fund.
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