Residential Property Owner Impact Statement
| Service or Fee |
FY2024 |
FY2025 |
FY2026 |
Annual $ Change |
Typical Ratepayer Defined as: |
| Water |
$561.24 |
$568.44 |
$584.52 |
$16.08 |
For average consumer of 8K gallons |
| Wastewater |
$682.56 |
$714.84 |
$741.96 |
$27.12 |
For average consumer of 5K gallons |
| Solid Waste |
$229.32 |
$246.24 |
$263.16 |
$16.92 |
Residential Customer with base service |
| Drainage |
$75.60 |
$78.60 |
$66.60 |
-$12.00 |
Residential customers with 1 equivalent residential unit |
| Street Maintenance |
- |
$24.00 |
$48.00 |
$24.00 |
Residential rate of $4 per month |
| Property Tax Bill |
$1555.45 |
$1446.19 |
$1508.27 |
$62.08 |
FY26 values at current tax rate of $0.755000 per $100 of value.
FY26 NNR tax rate: $0.740487 cents per $100 valuation. |
| Total Amount Impact |
$3104.17 |
$3078.31 |
$3212.51 |
$134.20 |
Combined projected increase of 4.4% or $0.37 per day |
The average residential monthly combined utility bill for FY26 totals $142.02 per month. In FY25, the total monthly bill was $136.41 - inflation adjusted to $140.81.
The monthly utility bill covers a comprehensive range of services and costs associated with municipal infrastructure and services. Here's a breakdown of what is typically included:
- Water System:
- This includes the cost of treating water from Lake Waco.
- It also covers the operation and maintenance of the pumps, tanks, and pipes that distribute treated water.
- Wastewater System:
- This system collects sewage from homes and businesses.
- It includes the treatment of sewage to ensure it meets environmental standards before being discharged.
- Solid Waste System:
- This system manages garbage and trash collection and disposal.
- It covers the operational costs of our new landfill and transfer station where garbage is processed.
- Stormwater System:
- This system manages stormwater runoff to prevent flooding and erosion.
- It includes infrastructure like drainage pipes, culverts, and retention basins.
- Stormwater collected is typically directed back into natural water bodies such as streams, rivers, and lakes.
- Street Maintenance:
- A portion (approximately 12%) of the utility bill goes towards funding street maintenance costs.
- This includes regular maintenance such as pothole repair, street cleaning, and other upkeep activities to ensure safe and functional roadways.
- General Operation and Administration:
- The utility bill also covers administrative costs associated with managing these utilities, including customer service, billing, and regulatory compliance.
- Each component of the utility bill contributes to ensuring essential services are provided efficiently and sustainably. It reflects the costs of maintaining critical infrastructure necessary for public health, environmental protection, and quality of life.