Page 78 - CityofMansfieldFY24Budget

ENTERPRISE FUND REVENUE ASSUMPTIONS

FY 2023-2024 budgeted revenues are based on a combination of factors including analysis of historical
revenue, anticipated changes in the local economic environment and projected growth and development
throughout the City. Enterprise Fund revenue includes the Water & Sewer Fund and the Environmental
Services Fund.

Water & Sewer Fund

The budgeted revenue in the Water & Sewer fund is $47,632,945 in FY 2023-2024, or an increase of
14.7% over the FY 2022-2023 budget. The primary revenue sources within this fund are water sales,
which make up 63.5% of all budgeted revenue, and sewer service, which makes up 34.2% of all revenue.

$55,000,000 Water & Sewer Revenue
$50,000,000
$45,000,000

$40,000,000
$35,000,000
$30,000,000

$25,000,000
$20,000,000
2020 2021 2022 Budget 2023 Budget 2024

Environmental Services Fund

The budgeted revenue in the Environmental Services Fund for FY 2023-2024 is $2,764,336. Of this
amount, $526,238 is dedicated for principal and interest payments. Drainage fees account for 100% of
revenue in this fund. Historically, drainage revenue increases at rate of approximately 1% year-over-year.

$3,000,000 Drainage Revenue

$2,500,000

$2,000,000

$1,500,000

$1,000,000
2019 2020 2021 Budget 2022 Budget 2023

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