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APPROVED BUDGET FISCAL YEAR 2022-2023

ENTERPRISE FUND

The Enterprise Fund is used to account for the provision of water and wastewater services
to the residents of the City. All activities necessary to provide such services are accounted
for in this fund, including, but not limited to, administration, operations, maintenance,
financing and related debt service, billing, and collection. The operations of the Enterprise
Fund are financed and operated in a manner similar to private business enterprises, where
the expenses (including depreciation) of providing services are recovered primarily through
user charges. An overview of Water and Wastewater systems is presented in this section.
An activity schedule for each function is also included in this section. Each operation
includes a summary of expenses, a personnel schedule, division descriptions, goals,
objectives, performance measures, future initiatives, and prior year results and
accomplishments. This budget document does not provide line item; however, the line-
item detail for the FY 2022-2023 budget is available upon request.

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