Title
Consider a resolution approving the proposed BCRUA Operating Budget for Fiscal Year 2021-2022.
Body
The proposed FY 2022 Annual Operating Budget includes a 6.3% increase, from $15,799,201 to $16,789,824. Budget changes are summarized as follows:
Budget Category FY2020 FY2021 Change
Operations $2,947,590 $3,798,593 $851,003
Capital Outlay $88,000 $92,000 $4,000
Reserve Adjustment $126,025 $213,750 $87,725
Debt Service $12,637,587 $12,685,352 $47,765
TOTAL $15,799,201 $16,789,696 $990,493
The increase in Operations is primarily driven by the increase in projected water production from 9.5 million gallons per day (MGD) to 12.55 MGD, which is a 32% increase. The cost of electricity and chemicals associated with this increase in water demand comprises over half of the operations cost difference. Additional funds were also required for improvements related to emergency plans required by the Environmental Protection Agency (EPA) and the Texas Commission on Environmental Quality (TCEQ).
Round Rock’s portion of the total budget is $5,231,072 of which $977,826 is for operations and $4,253,246 is for debt service.
BCRUA staff and the Operations Committee (OC) have reviewed this proposed budget and recommend approval. The BCRUA Board approved this FY22 budget at their August 25, 2021 Board Meeting.
Cost: $5,231,072
Source of Funds: Regional Water Fund