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City of Pleasanton Operating Budget • FY 2023/24 - FY 2024/2537
<br />Sewer Fund
<br />Sewer revenues are expected to increase by 2.7 percent in FY 2023/24 and additional 4.2 percent
<br />in FY 2024/25 reflecting the annual Consumer Price Index (CPI) increase in local city sewer fees.
<br />However, a majority of the customers’ sewer fees are the regional sewer fees charged by DSRSD.
<br />The Budget assumes DSRSD fees will increase by three percent in FY 2023/24 and two percent in FY
<br />2024/25.
<br />Similar to the Water Utility program, the Sewer Utility program reserve also has been diminishing
<br />due to operating expenses increasing at a faster rate than corresponding revenue increases
<br />in recent years. To restore the reserve to a level above 30.0 percent, a series of reductions have
<br />been incorporated, including removal of annual transfers to the sewer capital fund for capital
<br />improvement projects and reducing repair and replacement funding.
<br />As a result of these reductions, the Sewer Utility program’s operating expenditures in FY 2023/24
<br />are $17.7 million, which is a 6.5 percent decrease from the FY 2022/23 Modified Budget, and $17.4
<br />million in FY 2024/25, which is a 1.6 percent decrease. Table 10 below summarizes revenues and
<br />expenditures for the four years ending FY 2024/25.
<br />Table 9: Water & Recycled Water Operating Fund Projected Fund Balance
<br />Water/Recycled Water (O&M)Actual
<br />FY 21/22
<br />Modified
<br />FY 22/23
<br />Projected
<br />FY 23/24
<br />Projected
<br />FY 24/25
<br />Beginning Balance, July 1 $12,898,883 $11,321,650 $7,979,515 $9,219,139
<br />Revenues 30,346,818 30,010,541 34,468,041 37,757,041
<br />Net Transfers (3,523,735) (762,245) 2,504,018 605,018
<br />Expenses
<br />Zone 7 Purchased Water (17,825,483) (17,660,000) (22,110,000) (23,310,000)
<br />All other expenses (10,574,833) (14,930,431) (13,622,435) (13,797,342)
<br />Total Expenses (28,400,316) (32,590,431) (35,732,435) (37,107,342)
<br />Net Income ($1,577,233)($3,342,135)$1,239,624 $1,254,717
<br />Ending Balance, June 30 $11,321,650 $7,979,515 $9,219,139 $10,473,856
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