Page 68 - FY 24 Budget Forecast at Adoption.xlsx

Sewer Sales & Service:
FY 2023-24 Budget $ 9,186,535
% of Fund Revenues 30.7 %
Compared to $ Growth % Growth
FY 2022-23 Budget $ 774,082 9.2 %
FY 2022-23 Projection $(23,101) (0.3) %

As with the water rates, the rate structure for Sewer Sales & Service is split between the pass-thru cost
of the Trinity River Authority wastewater treatment plant and the cost of providing wastewater services.
TRA represents 16.6% of the Water and Wastewater Fund budget and is anticipated to increase by
14.5%. As such, the overall the wastewater rates will increase by 8.5% to account for increased
wastewater treatment and operating costs. With the rate increase, the average monthly household
wastewater usage of 8,311 gallons will be an increase of $4.70 or 8.43%.

Other Revenues:

Taps and Miscellaneous Fees:
FY 2023-24 Budget $549,044
% of Fund Revenues 1.8 %
Compared to $ Growth % Growth
FY 2022-23 Budget $7,648 1.4 %
FY 2022-23 Projection $(189,709) (25.7) %

The city uses three-year averaging for these service charges to create revenue estimates for the upcoming
year. The Adopted budget reflects a slight increase to the current budget based upon the three-year
average.

Interest Income: FY 2023-24 Budget $124,972
% of Fund Revenues 0.4 %

Compared to $ Growth % Growth
FY 2022-23 Budget $104,757 518.2 %
FY 2022-23 Projection $(219,071) (63.7) %

Interest income is revenue created by investing working capital into investment pools. The FY 2023-24
budget is based upon three-year averaging and reflects a decrease in year-end projections.

Miscellaneous Revenues: FY 2023-24 Budget $64,310
% of Fund Revenues 0.2 %

Compared to $ Growth % Growth
FY 2022-23 Budget $9,689 17.7 %
FY 2022-23 Projection $52,619 450.1 %

All additional revenues are combined to create the Other Revenue category, which includes an increase
in the intergovernmental agreement with Southlake for wastewater reimbursement based upon use. The
city uses three-year averaging for these service charges to create revenue estimates for the upcoming
year.

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