Wednesday, September 27, 2017

City Blows Past Projected Water and Waste Fund Balances

The City of San Angelo is easily beating its projected fund balances for water and trash services.  Water Enterprise fund is $1.5 million higher than projected and trash is up nearly $200,000 relative to staff guidance in an August 8th strategic planning session.  The public knows water and trash funds from our monthly city consolidated services bill.

The city is soundly ahead with one month to go in the fiscal year.  Expect these numbers to rise baring any transfers to other funds.  Our hot, dry September should provide healthy water revenues.  For the last few months trash has been adding $100,000 a month to its growing fund balance.  There is one month left for each of these funds to grow.  How big will they get?

No comments: