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JFO: Clean Water Fund base revenues ~ $30M; surcharge, meals-and-rooms and bottle deposits provide core funding
Summary
A Joint Fiscal Office presenter told the House Appropriations Committee the Clean Water Fund's core revenue mix is the property transfer surcharge, 6% of meals-and-rooms tax and unclaimed bottle deposits; FY25 receipts were roughly $9M (surcharge net), $15.2M (meals and rooms) and $4.3M (bottle deposits), with base revenues around $30M and a recommended FY27 clean water budget near $45.2M once capital and one-time funds are included.
A Joint Fiscal Office revenue-team member identified in committee remarks as "Ted" reviewed the Clean Water Fund's revenue composition and fiscal trajectory on April 15, telling the House Appropriations Committee that the fund depends on three dedicated sources: a property-transfer surcharge, a 6% allocation of the meals-and-rooms tax and unclaimed bottle-deposit revenue.
"The clean water surcharge applies to the value that is above $200,000 on a real estate transaction...that surcharge generated almost $10,000,000 in fiscal year 25," the presenter said, adding that a…
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