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Council hears mixed outlook for enterprise funds; wastewater revenues up, airport and transit still subsidized
Summary
Staff reported wastewater revenue projections stronger than budgeted and noted planned 5% rate increases through 2027; airport and transit operations continue to require subsidies and rely on ground leases, fuel taxes and federal capital grant shares.
City staff briefed the council on enterprise funds during the budget work session, saying wastewater revenue projections for the near term are higher than budgeted while airport and transit continue to depend on general‑fund subsidies.
A staff member reported that wastewater is “in pretty good shape” based on several months of updated projections and noted a scheduled 5% rate increase through 2027 intended to shore up wastewater finances. The presentation said that, by…
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