Adopted Budget Projected Budget 2016-2017

Infrastructure - Water Resources Fund

BUDGET SUMMARY

2014-15

2015-16 Budget

2016-17 Adopted

2017-18 Projected

Actual

Expenditures:

Personnel Costs

19,565,254 73,709,610

21,348,807 99,728,999

22,413,795 98,888,769 1,329,500

23,067,856 96,827,972 1,008,500

Maintenance & Operations

Capital Outlay

455,380

908,590

Total

93,730,244

121,986,396

122,632,064

120,904,328

Total FTE Positions

331.625

331.675

333.675

333.675

Revenues:

Water and Sewer Services

94,658,197

101,754,104

107,423,470

112,526,085

Assessments

475,450

50,000

50,000

50,000

Capacity Use Fees

1,743,132 1,263,227

2,000,000 1,100,000

2,000,000 1,100,000

2,000,000 1,100,000

Industrial Waste Control Water Line Connections

151,785

150,000

150,000

150,000

All Other

3,531,849 14,253,329

2,582,519 14,349,773

2,722,519 9,186,075

2,822,519 2,255,724

Appropriated Fund Balance

Total

116,076,969

121,986,396

122,632,064

120,904,328

BUDGET HIGHLIGHTS  The FY 16-17 Adopted Budget is increasing by $645,668, or 0.5%.

 The FY 16-17 Adopted Budget does include a rate increase for Water Resources. The rate increases by 4.5% for residents inside city limits and 4.5% for residents outside city limits. This rate increase will result in a $1.83 increase per month for city residents and a $4.46 increase per month for non-city residents (average residential bill is calculated at 6 units; 1 unit = 748 gallons).  The FY 16-17 Adopted Budget includes an increase of 2 FTEs in the Water Resources Fund. One is the addition of a Paralegal to support water related legal work. A second addition, which is added as a service enhancement request, is a Laboratory Specialist to support the work required due to new regulatory requirements related to dental facilities.  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 2016-17 Budget

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