CUAC Water Financial & Budget Update 2025-11-05 Presentation

Citizens Utility Advisory Commission, November 5, 2025
Water Services Department
Financial Update

Water Services Financial Update
2
•FY24 and FY25 Revenues and Sources
•FY24 and FY25 Expenses and Uses
•FY25 and FY26 Operating Budgets
•FY26 3-month Year-to-Date Actual 
•FY26 5-year Capital Improvement Plan

FY24 and FY25
Revenue and Sources  ($M)
3
FY24 
Actual
FY25
Budget
FY25
Actual
Favorable
(Unfav)
Water Revenue
$ 65.9
68.9
69.2
0.4
Sewer Revenue
42.5
45.7
45.9
0.1
Other Sources
56.6
50.7
71.9
21.2
Total Revenue and Sources
165.0
165.3
187.0
21.7

FY24 and FY25
Expenses and Uses ($M)
4
FY24 
Actual
FY25
Budget
FY25
Actual
Favorable
(Unfav)
O & M Expense
$ 75.1
84.7
77.8
6.9
Debt Service
26.1
28.1
27.0
1.1
Capital Cash Outlay
55.3
71.9
50.6
21.3
Total Expenses and Uses
156.5
184.7
155.4
29.3
Increase (Decrease)
8.5
(19.4)
31.6
51.0

FY25 and FY26 
Operating Budget ($M)
5
Category
FY25 
Budget
FY25 
Actual
Fav
(Unfav) % Differ  
FY26 
Budget
Salary & Benefit
$ 33.4
30.9
2.5
7.5%
35.4
Operating & Maintenance
40.1
36.3
3.8
9.5%
44.6
Internal Charge
11.1
10.5
0.6
5.4%
11.0
Total O&M Expense 
84.6
77.7
6.9
8.2%
91.0

FY26 3-months YTD Actual
Sources and Uses ($M)
6
FY26 
Budget
3-mos YTD
Budget
3-mos YTD 
Actual
Favorable
(Unfav)
Water Revenue
$ 69.6
22.7
22.6
(0.1)
Sewer Revenue
45.9
11.4
12.2
0.8 
Other Revenue
72.3
4.9
2.9
(2.0)
Total Sources
187.8
39.0
37.7
(1.3)
O & M Expense
91.0
22.7
21.3
1.4
Debt Service
31.7
7.9
0.0
7.9
Capital Cash Outlay
86.7
8.5
5.9
2.6
Total Uses
209.4
39.1
27.2
11.9
Increase (Decrease)
(21.6)
(0.1)
10.5
10.6

Capital Improvement Plan (CIP)
FY26 5-year Cash Flow
7
FY26 includes carryover of $9.8M from the unspent FY25 budget
FY26
FY27
FY28
FY29
FY30
Total  
Water Projects
$ 55.4
58.8
56.5
60.6
45.6
276.9
Wastewater Projects
31.3
21.2
25.7
27.8
23.9
129.9
Capital Outlay
86.7
80.0
82.2
88.4
69.5
406.8

Water Services Update
8
•Questions and Discussion