2018-2019 Adopted Budget

Infrastructure - Water Resources Fund

BUDGET SUMMARY

2016-17

2017-18 Budget

2018-19 Adopted

2019-20 Projected

Actual

Expenditures:

Personnel Costs

21,684,183 89,100,855

24,075,230 101,467,999

24,415,771 109,019,146

25,067,491 109,150,501

Maintenance & Operations

Capital Outlay

277,568

1,412,471

1,320,000

711,500

Total

111,062,606

126,955,700

134,754,917

134,929,492

Total FTE Positions

333.675

340.175

342.175

342.175

Revenues:

Water and Sewer Services

105,986,812

112,758,845

115,680,628

120,672,923

Assessments

12,429

50,000

50,000

50,000

Capacity Use Fees

2,550,411 1,080,303

2,000,000 1,100,000

0

0

Industrial Waste Control Water Line Connections

1,100,000

1,100,000

201,383

150,000

175,000

175,000

All Other

2,960,620 14,187,788

2,867,678 8,029,177

3,724,000 14,025,289

3,884,709 9,046,860

Appropriated Fund Balance

Total

126,979,745

126,955,700

134,754,917

134,929,492

BUDGET HIGHLIGHTS  The FY 18-19 Budget is increasing by $7,799,217, or 6.1%. 

The FY 18-19 Budget includes a rate increase for Water Resources. The rate increases by 3.5% for customers inside and outside the city limits. The average bill for a customer inside the city limits will increase $1.53 per month and the average bill for a customer outside the city limits will increase $3.82 per month.  The FY 18-19 Budget includes an increase of 2 FTEs in the Water Resources Fund. The positions are Maintenance Supervisors to oversee asset maintenance at the Mitchell and Townsend Water Treatment Facilities.  Funding to pay off debt related to water and sewer capital projects is increasing by over $3 million in FY 18-19, to $29.6 million.  Please see the graph on the next page for average rate comparisons with comparable water/sewer utilities in the State of North Carolina. In addition, the graph shows a comparison of each North Carolina city/regional utility’s outside city rate vs. inside city rate. The graph legend explains the shades of the graph bars when it comes to its relationship between outside city rates vs. inside city rates. A dial is also included showing affordability of the rates based on the Median Household Income (MHI) and percentage spent annually on water bills for 5,000 gallons.

Adopted FY 2018-19 Budget

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