Page 59 - Microsoft Word - FY 2021 tax info sheet

WATER AND WASTEWATER FUND

Revenue Assumptions:

The Water and Wastewater Fund revenues for FY 2021-22 are $28,203,138, and will have an overall
increase of $602,118, or 2.2%, from the FY 2020-21 budget and an increase of $3,164,186, or 12.6%,
compared to year-end projections. In the Water and Wastewater Fund, there are three major revenue
categories: Water Sales & Service, Sewer Sales & Service and Other Revenues. Breakdowns of each
revenue category for the Utility Fund and a brief description are provided. Below, a pie chart shows the
category breakdown by percentage and a bar graph shows revenue growth compared to account growth.

FY 2021‐22 Utility Fund Revenue Water Sales &
Service
Other Revenues
570,523 19,485,355
2.0% 69.1%

Sewer Sales &
Service
8,147,260
28.9%

Water Sales and Service: FY 2021-22 Budget $19,485,355
% of Fund Revenues 69.1%
Compared to $ Growth % Growth
FY 2020-21 Budget $940,095 5.1%
FY 2020-21 Projection $2,077,499 11.9%

The water rate structure is split between costs related to the purchase of wholesale water from the City
of Fort Worth, also called the “pass-thru,” and the cost of providing water services. Wholesale water
represents 33.3% of the Water and Wastewater Fund budget, and costs are anticipated to increase based
upon both the five-year consumption model and Fort Worth increasing costs by 9.5%. As such, the pass-
thru water rate will increase for the year by 7.72%. The city rate will increase by 1.5%, which is related to
the operational cost plus preparing for future capital needs. The city rate increase is also related to higher
levels of precipitation the past few years. With the city rate increase, the combined impact on the average
household will be a 4.7% increase, or an increase of $3.75 per month.

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