Item 02 - Austin Water Financial Forecast Operating Requirements Cost Drivers — original pdf

Backup

Austin Water Austin Water Forecast Operating Requirements Cost Drivers FY2026 Forecast $831.7 M FY2025 Amended Budget $773.6 M $58.1 M City-wide cost drivers  $4.4 million increase in City-wide wage adjustment  $1.1 million increase in Health Insurance  $0.6 million increase in Employee retirement contribution  $0.4 million increase in Fleet Fuel and Maintenance Department-wide cost drivers • $21.0 million increase in Transfers Out primarily due to increased CIP Cash Financing transfers • $15.0 million increase in Debt Service Requirements resulting from capital spending plan growth and increases in scheduled debt service payments • $8.4 million increase in wages due to unbudgeted retention stipend conversion • $1.9 million increase in chemical and electric services costs • $1.6 million increase in contractual and commodities inflation cost • $1.1 million increase in commercial paper admin expenses and bond issuance cost • $1.0 million increase in uniform and signage costs for City-wide branding transition • $0.7 million increase in wildland conservation land management and conservation plan consulting services cost • $0.6 million increase in large diameter valves, pump, and electric motor replacement and maintenance cost • $0.6 million increase in Wastewater treatment filter media replacement cost • $0.6 million increase in bio-solid reuse services • ($2.4) million decrease in utility billing system support Impact of new positions • $1.5 million increase for 13 new Temp Conversion FTEs