Department
Finance
Requested Action (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)
title
Request approval of the FY2025 Water and Sewer Budget. (APPROVED)
body
Requirement for Board Action (Cite specific Board policy, statute or code requirement)
Approve budget to comply with bond provisions
Strategic Priority Area related to this item (If yes, note strategic priority area below)
Open and Responsible Government
Commission Districts Affected
All Districts ☒
District 1 ☐
District 2 ☐
District 3 ☐
District 4 ☐
District 5 ☐
District 6 ☐
Is this a purchasing item?
No
Summary & Background
In accordance with the provisions of the Water and Sewer Bonds, we are required to approve the Water and Sewer budget by 12/31 of each year. As such, the FY2025 Water and Sewer budgets have been submitted for your final approval.
Attached for your approval is the FY2025 Final Budget for the following funds:
Water and Sewer Revenue Fund
Water and Sewer Renewal and Extension Fund
The following changes were made to the budgets since proposed on 11/15/2024.
*Water and Sewer Revenue Fund - the Public Works departmental budget increased from $87,914,869 to $88,914,869. The $1 million increase is to fully fund Fulton County’s portion of the contract costs of operation for the Tom Lowe water treatment plant.
*Water and Sewer Renewal and Extension Fund - the Information Technology departmental budget increased from $116,039 to $122,324. The $6,285 increase is to fully fund the employee’s medical insurance coverage.