Page 318 - Hurst FY19 Approved Budget

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ENTERPRISE FUND DISTRIBUTION OF REVENUES

Penalities
2%

Wastewater � � � � � � � �
35%

Water
62%

Misc.
1%

The above chart shows the distribution of Enterprise Fund revenues by percentage.
Water sales and sanitary sewer charges to City residents and businesses are the major
sources of revenues. Each year the City reviews its rate structure to ensure that rates
will generate the required revenues to operate and maintain our water and sewer
infrastructure. Recent rate increases are primarily caused by increased costs related
to the City’s purchase of treated water and wastewater treatment services (wholesale
costs); however, this impact is partially offset by revenues generated from penalties
billed for late payments and interest earnings collected on investments. In order to
adequately cover increases in wholesale costs for FY 19, the Approved budget includes
an increase of 1.5% to our utility rates.

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