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Staff briefs council on enterprise, water, sewer and stormwater balances ahead of budget adoption
Summary
Staff reported enterprise fund revenues of about $5.5 million and operating expenses of roughly $4.8 million, outlined capital reductions and ending fund balances for water and sewer, and flagged stormwater capital adjustments.
City staff presented a summary of the enterprise fund and related utility funds to the council as part of the FY2026–27 budget workshop. Operating revenue for the enterprise fund is projected at about $5.5 million with operating expenses near $4.8 million; transfers to debt-service and personnel shared services and capital plans were outlined.
Dr. Caldera said staff had reduced water-rate and water-main replacement assumptions and trimmed stormwater capital in the draft budget; she reported an ending balance estimate for the water fund and noted next-year capital choices will affect those balances. Councilors asked for a technical correction to a slide (a water-capital number), and staff agreed to revise the figures before the Aug. 18 presentation.
