June 14, 2023 Members of the Board Metropolitan Sewerage District of Buncombe County, North Carolina W. H. Mull Building 2028 Riverside Drive Asheville, North Carolina 28804 Subject:
FY2024 Budget and Proposed Sewer Rates
Dear Members of the Board, We respectfully present the FY2024 Budget for the Metropolitan Sewerage District of Buncombe County, North Carolina. The budget incorporates staff recommendations presented to and accepted by the Capital Improvement Program Committee, which met on April 25, 2023, the Personnel Committee, which met on April 27, 2023. We have developed the FY2024 Budget to advance the organization’s mission “to provide wastewater
collection and treatment to its users which promotes the health and safety of affected citizens in the most effective and efficient manner possible today and in the future”. The following Operational and Capital budget is designed to provide services meeting or exceeding all state regulations and Bond Order covenants with which the District must comply, with any rate changes to be at the lowest responsible level.
Current Year Highlights In FY2023, the District’s domestic and industrial revenue are expected to meet budgeted projections. The economic impacts pertaining to the COVID-19 pandemic has had effects on revenue and cash flows for FY2023.
FY2023-2024 BUDGET DOCUMENT
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