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City of Pleasanton
<br />2025 Water Rate Study
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<br />Water Resources Economics
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<br />STATUS QUO FUND BALANCE PROJECTIONS
<br />Table 2-21 shows the fund balance projections for the status quo financial plan. Based on the sources (revenues) and uses (operating expenses,
<br />debt service, and capital expenditures) of funds, the City’s fund balances will be negative by the end of FY 2027. At the end of the study period,
<br />the City’s fund balances will be approximately negative $60 million in FY 2029, from a starting balance of approximately $23 million in FY 2025.
<br />This represents a net loss of approximately $83 million in five years.
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<br />Table 2-21: Projected Potable and Recycled Fund Balances (Status Quo Financial Plan)
<br />Line Fund Balance Projections FY 2025 FY 2026 FY 2027 FY 2028 FY 2029
<br />1 Beginning Fund Balance 17 $23,412,694 $16,218,532 $8,956,009 ($11,774,714) ($35,033,193)
<br />2
<br />3 Sources of Funds
<br />4 Rate Revenues $39,300,688 $41,555,742 $41,555,742 $41,555,742 $41,555,742
<br />5 Rate Revenue Adjustments $0 $0 $0 $0 $0
<br />6 Non-Rate Revenue $635,541 $635,541 $635,541 $635,541 $635,541
<br />7 Interest Income $275,000 $218,367 $0 $0 $0
<br />8 Grant Proceeds $1,000,000 $0 $0 $0 $0
<br />9 Debt Proceeds $0 $0 $0 $0 $0
<br />10 Subtotal $41,211,229 $42,409,649 $42,191,283 $42,191,283 $42,191,283
<br />11
<br />12 Uses of Funds
<br />13 Expenses $36,350,797 $39,880,596 $44,129,945 $45,742,662 $46,862,972
<br />14 Debt Service $1,547,489 $1,548,645 $1,550,145 $1,550,895 $1,550,895
<br />15 Grant Funded CIP $1,000,000 $0 $0 $0 $0
<br />16 Debt Funded CIP $0 $0 $0 $0 $0
<br />17 Rate Funded CIP $9,507,105 $8,242,931 $17,241,915 $18,156,205 $19,038,590
<br />18 Subtotal $48,405,391 $49,672,172 $62,922,006 $65,449,762 $67,452,457
<br />19
<br />20 Ending Fund Balance $16,218,532 $8,956,009 ($11,774,714) ($35,033,193) ($60,294,367)
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<br />17 Beginning fund balances for FY 2025 include approximately $13.9 million in funds from the City’s prior debt issuance (2024 Bonds).
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