Sewer - Operations
Fund Summary - Fund 420
Fund Description / Budget Highlights
Fund Activity
FY 21-22 FY 22-23 FY 23-24 FY 24-25
Actual Actual Projection Proposed
Beginning Available Fund Balance 12,257,213 $ 11,879,173$ Revenues
Charges for Services 5,852,278 $ 5,922,758$ 5,993,734 6,053,000 Interest Income 59,089 375,085 75,000 238,000 Rate Stabilization Fund - - 563,051 560,491 Miscellaneous Revenues - - - - 5,911,367 6,297,843 6,631,785 6,851,491
Transfers In - - - - 5,911,367 6,297,843 6,631,785 6,851,491
Expenditures
Salary and Benefits 653,521 727,572 763,159 806,828 Contractual Services 266,054 74,250 433,341 446,300 Utilities 68,264 65,929 87,902 90,700 Maintenance & Repairs 11,288 41,507 50,096 51,600 Sewer Plant Operating Expenses 2,117,981 1,994,792 2,506,100 2,609,425 Other Expenses 7,394 5,740 6,314 6,600 Cost Allocation 280,194 258,000 307,886 361,618 Capital Outlay 20,615 - 6,180 - Capital Improvement Projects (CIP) 88,571 53 - - Capital Outlay - Pinole (Hercules' Share) 79,226 652,691 65,000 Debt Service 1,811,518 2,092,199 2,064,156 2,065,350 5,325,400 5,339,268 6,877,825 6,503,421
Transfer Out - 13,700,000 132,000 1,100,000 5,325,400 19,039,268 7,009,825 7,603,421
Changes in restricted reserves (4,755,491)
Net Annual Activity 585,967 (12,741,425) (378,040) (5,507,421) Ending Fund Balance 12,257,213
Move to Fund 421 (Sewer Capital)
Ending Available Fund Balance 12,257,213 $ 11,879,173$ 6,371,752 $ Debt Service Coverage Ratio 1.38 1.50 1.20 1.20 Operating & Maintenance Reserve (180 days) 1,093,000
Capital Reserve (Equal to annual system depreciation) 1,002,000 Debt Service Reserve (Equivalent to 1-year of debt service) 2,100,000 This fund accounts for wastewater treatment to the cities of Hercules and Pinole and for the maintenance of the City's sewer lines and related facilities. It is a self-supporting activity which provides services on a user charge basis to residences and businesses.
Sewer - Capital Projects
Fund Summary - Fund 421
Fund Description / Budget Highlights
Fund Activity
FY 21-22 FY 22-23 FY 23-24 FY 24-25
Actual Actual Projection Proposed
Beginning Available Fund Balance - $ - $
Revenues
Charges for Services - $ - $ - - Interest Income - - - - Bond Proceeds - - - - Miscellaneous Revenues - - - - - - - - Transfers In - 13,700,000 132,000 1,100,000 - 13,700,000 132,000 1,100,000 Expenditures
Salary and Benefits - - - - Contractual Services - - - - Utilities - - - - Maintenance & Repairs - - - - Sewer Plant Operating Expenses - - - - Other Expenses - - - - Cost Allocation - - - - Capital Outlay - - - - Capital Improvement Projects (CIP) - 3,284,855 132,000 1,100,000 Debt Service - - - - - 3,284,855 132,000 1,100,000 Transfer Out - - - - - 3,284,855 132,000 1,100,000 Changes in restricted reserves
Net Annual Activity - 10,415,145 - - Ending Fund Balance - $ - $ - $ This fund accounts for wastewater treatment to the cities of Hercules and Pinole and for the maintenance of the City's sewer lines and related facilities. It is a self-supporting activity which provides services on a user charge basis to residences and businesses.