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Wastewater and solid-waste funds show shortfalls; wastewater needs a $149,863 transfer, solid waste shows small surplus
Summary
Staff told commissioners wastewater operations will need a general-fund transfer (about $149,863) and that solid waste shows revenues near $1.86M with roughly $31,269 unallocated — but enterprise funds are not building reserves and were assigned a 15% indirect cost charge.
Commissioners drilled into enterprise-fund details after the finance director flagged several funds that do not fully cover operating costs. For wastewater, the director said the proposed FY2027 budget requires a transfer of approximately $149,863 to cover operations; she explained wastewater is also carrying multiple legacy debt-service lines for prior treatment-plant projects.
On solid waste, staff said revenue from collection fees and penalties totals about $1,861,200 and leaves an unallocated amount of about $31,269 after operational expenses, but the fund is also charged an indirect cost allocation (roughly $238,687) to cover general-government overhead. The finance director cautioned that these enterprise funds are not building minimum reserves and that best practice would be a 5% reserve; she recommended closer tracking and facility-level accounting to produce clearer cost burdens.
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