Page 141 - City of Watauga FY22 Adopted Budget

BUDGET-OVERVIEW

Water and Sewer Fund

The Utility Billing Office bills
and collects revenues from the
sale of potable water and the
disposal of sewage discharge
for single and multifamily
residential buildings and
commercial facilities inside the
City. Projected revenues for
these fees are generally based
on population estimates,
although weather conditions
play a significant factor in
revenues actually received.
The City is 96% built out and
increases in customer accounts are projected to remain fairly flat in future years.
Water and sewer sales constitute 95% of the Water and Sewer Utility Fund
revenues. Other revenues such as penalty revenue, service charges, interest and
transfers make up 5% of the total revenues. Total charges for services are
forecast to be $8,839,898, with total revenues of $9,279,898 and total available
resources are $11,203,194.
Rate increases are included in
this budget for residential and
commercial customers for
both water (3% increase) and
sewer (5% increase) base
and volume rates. The City
contracts with the City of Ft.
Worth for wastewater
treatment and the City of
North Richland Hills for water
purchases. Expenditures for
water purchases and sewer
treatment services also vary
based on customer usage and
weather. Total expenses are
estimated as $9,222,880.
These expenditures include
an increase in our wholesale
water by 3% and an increase
in our wholesale wastewater costs by 16% by the City of Ft. Worth. Three vacant
positions in this fund were unfunded last year and one position is being restored in

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