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City of Pleasanton
<br />2025 Water Rate Study
<br />
<br />Water Resources Economics
<br />44
<br />PROPOSED FUND BALANCE PROJECTIONS
<br />Table 2-27 shows the fund balance projections for the proposed financial plan. Based on the sources (revenues, revenue adjustments) and uses
<br />(operating expenses, debt service, and capital expenditures) of funds, the City’s fund balances will be approximately $16 million at the end of the
<br />study.
<br />
<br />Table 2-27: Projected Potable and Recycled Fund Balances (Proposed Financial Plan)
<br />Line Fund Balance Projections FY 2025 FY 2026 FY 2027 FY 2028 FY 2029
<br />1 Beginning Fund Balance18 $23,412,694 $16,218,532 $26,109,508 $23,775,750 $23,910,304
<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 $3,116,681 $9,817,544 $15,600,025 $20,172,487
<br />6 Non-Rate Revenue $635,541 $635,541 $635,541 $635,541 $635,541
<br />7 Interest Income $275,000 $367,158 $432,710 $387,611 $176,202
<br />8 Grant Proceeds $1,000,000 $0 $0 $0 $0
<br />9 Debt Proceeds $0 $15,000,000 $10,000,000 $10,000,000 $0
<br />10 Subtotal $41,211,229 $60,675,121 $62,441,536 $68,178,919 $62,539,971
<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 $2,660,618 $3,403,433 $4,145,499 $4,145,499
<br />15 Grant Funded CIP $1,000,000 $0 $0 $0 $0
<br />16 Debt Funded CIP $0 $8,242,931 $16,757,069 $10,000,000 $0
<br />17 Rate Funded CIP $9,507,105 $0 $484,846 $8,156,205 $19,038,590
<br />18 Subtotal $48,405,391 $50,784,145 $64,775,294 $68,044,366 $70,047,061
<br />19
<br />20 Ending Fund Balance $16,218,532 $26,109,508 $23,775,750 $23,910,304 $16,403,214
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<br />18 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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