SEWER ENTERPRISE FUND
Sewer - Operations
Fund Summary - Fund 420
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Projection Proposed
Beginning Available Fund Balance 13,919,941 $ 11,040,723$ Revenues
Charges for Services 5,891,836 $ 6,330,490$ 6,235,000 6,235,000 Interest Income 577,482 819,177 270,000 154,000 Rate Stabilization Fund 340,039 130,689 695,934 1,114,360 Miscellaneous Revenues - - - - 6,809,357 7,280,356 7,200,934 7,503,360
Transfers In - - - - 6,809,357 7,280,356 7,200,934 7,503,360
Expenditures
Salary and Benefits 756,775 705,152 797,035 965,055 Contractual Services 1,062,574 1,078,622 475,100 484,600 Utilities 78,634 82,761 93,400 95,200 Maintenance & Repairs 24,489 18,945 53,200 54,300 Sewer Plant Operating Expenses 2,128,446 2,490,580 2,862,426 2,974,801 Other Expenses 11,262 5,986 6,800 6,900 Cost Allocation 271,061 420,784 433,408 442,076 Capital Outlay - - - - Capital Improvement Projects (CIP) - - - - Capital Outlay - Pinole (Hercules' Share) 79,226 2,755,799 2,755,799 Debt Service 2,063,430 2,064,605 2,066,304 2,067,023 6,475,897 6,867,435 9,543,472 9,845,754
Transfer Out 147,173 1,100,000 536,680 444,700 6,623,070 7,967,435 10,080,152 10,290,454
Changes in restricted reserves (5,472,360)
Net Annual Activity 186,287 (687,079) (2,879,218) (8,259,454) Ending Available Fund Balance 13,919,941 $ 11,040,723$ 2,781,269 $ Debt Service Coverage Ratio 1.20 1.20 1.20 1.20 Operating & Maintenance Reserve (180 days) 1,256,000
Capital Reserve (Equal to annual system depreciation) 1,002,000 Debt Service Reserve (Equivalent to 1-year of debt service) 2,100,000 The Sewer Enterprise Fund is exclusively allocated to the operations, maintenance, and capital improvements of the sewer system. Revenues derived from sewer fees are designated specifically for sewer-related activities and are strictly prohibited from being redirected toward non-sewer-related expenditures.
Sewer - Capital Projects
Fund Summary - Fund 421
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Projection Proposed
Beginning Available Fund Balance - $ - $
Revenues
Charges for Services - $ - $ - - Interest Income - - - - Bond Proceeds - - - - Miscellaneous Revenues - - - - - - - - Transfers In 147,173 1,100,000 536,680 444,700 147,173 1,100,000 536,680 444,700 Expenditures
Salary and Benefits - - - - Contractual Services - - - - Utilities - - - - Maintenance & Repairs - - - - Sewer Plant Operating Expenses - - - - Other Expenses - - - - Cost Allocation - - - - Capital Outlay - - - - Capital Improvement Projects (CIP) 10,584,462 1,439,324 536,680 444,700 Debt Service - - - - 10,584,462 1,439,324 536,680 444,700
Transfer Out - - - - 10,584,462 1,439,324 536,680 444,700
Changes in restricted reserves
Net Annual Activity (10,437,289)$ (339,324) - - Ending Fund Balance - $ - $ - $ A sewer capital project fund is a designated governmental or enterprise fund to manage financial resources for constructing, upgrading, or replacing major sewer and wastewater infrastructure.