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Buda staff proposes 6% water, 3% wastewater increases; average household impact about $5.83/month
Summary
Finance staff proposed a 6% increase in water rates and a 3% increase in wastewater rates as part of the FY2025 budget; staff said the average household impact would be about $5.83 per month and that the water fund remains slightly below the fund‑balance policy.
City finance staff told council the proposed FY2025 budget includes utility rate changes aimed at maintaining fund balance policies and supporting system needs.
"So 6% is what we're seeing [for water] and wastewater increased 3%. Overall impact to the customer 4.5, which is about $5.83 per month," Redmond said, summarizing the proposed change and the estimated average customer effect.
Redmond said the utility fund as a whole meets the city’s fund‑balance policy for recurring operating expenses, but the water fund alone is slightly under the policy and will require monitoring. The staff presentation noted some transfers and ARPA funds help smooth short‑term needs while the city plans system investments and a longer term utility model.
Council members asked for clarifications about fund balances and specific projects tied to ARPA and the utility funds; staff said they would provide the schedule and procurement planning for items that must be obligated by the end of the year.
