ENTERPRISE FUNDS
Wastewater Fund Overview The Wastewater Fund accounts for all activities necessary in the collection, transmission and disposal of sewage and wastewater.
Wastewater Fund Beginning Fund Balance
2017 Budget
As of 03/31/17
As of 03/31/16
$ 9,386,000
$ 9,386,000
$11,825,960
$ 2,615,225
$ 2,524,684
Tap Fees
918,992
291,939
192,631
Interest
160,756
103,029
90,249
1,015,193
150
5,000
$13,920,901
$ 3,010,343
$ 2,812,564
$ 8,897,606
$ 2,224,402
$ 1,888,171
5,083,095
619,303
601,226
Major Capital Maintenance
3,017,757
18,673
83,804
Capital
1,354,686
-
-
$18,353,144
$ 2,862,377
$ 2,573,201
147,966
239,363
REVENUES Sewer Charges
Revenue Highlights
• Sewer tap revenue increased 51.5% over 2016 due to continued building around the transit stations and western area of Arvada
Other Total Revenues EXPENDITURES Metro District Ongoing
Expenditure Highlights
• Treatment charges from the Metro Wastewater Reclamation District represent over 75% of total expenditures in the first quarter • Decreases in major capital maintenance is due to the timing of payments on contract work
Total Expenditures Income/(Loss)
(4,432,243)
Ending Fund Balance
2.5% of the wastewater collection system will be replaced or rehabilitated annually to keep pace with anticipated life expectancy.
13
$ 4,953,757
$ 9,533,966