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Finance update: Villa Rica reports cash balance of about $49.3M, water and sewer revenue increases
Summary
City staff reported total cash of approximately $49.3 million through August 2025, increases in the general fund and enterprise funds, and notable revenue from building permits and water/sewer taps during the fiscal year-to-date.
City Finance staff provided an August 2025 financial update at the Oct. 14 Villa Rica City Council meeting, reporting total cash of about $49.3 million — a 2% increase from the same period last year.
The general fund balance was reported at roughly $13.0 million (up about 29% year-to-date). The water and sewer enterprise fund held about $8.2 million (up about 10%), and the sanitation/solid-waste fund balance increased to approximately $517,000 from $370,000. The stormwater fund balance was reported at $559,000.
Staff cited strong residential growth indicators through August, including 358 building permits yielding approximately $824,000 in permit revenue, and 262 water-and-sewer taps totaling about $393,000. The city reported a net income in the water-and-sewer enterprise fund of roughly $1.5 million through August (revenues of approximately $13.0 million against expenses of $11.5 million). The sanitation fund showed a modest net income slightly over $100,000.
Staff attributed part of year-over-year improvement to water-and-sewer taps and a utility rate increase; the city also noted increased Local Option Sales Tax (SPLOST) receipts in Carroll and Douglas counties compared with last year and steady hotel-motel-tax collections through August. The report mentioned declining TAD bond proceeds as capitalized interest concluded, and ongoing reductions in prior swap liabilities.
Council members asked staff to confirm the drivers behind the SPLOST increases and to clarify specific revenue components; staff said the increases could reflect both higher volumes and higher prices but did not provide a definitive attribution during the meeting.
