FY20-21 Budget


Budget Background

The South Granville Water and Sewer Authority (SGWASA) annual budget is drafted and approved by SGWASA’s 7-member Board of Directors at a public meeting. The budget provides the financial plan to implement SGWASA’s necessary programs, projects and work plan for the fiscal year. SGWASA’s fiscal year is from July 1st through June 30th.

Role of the Budget

SGWASA’s budget serves as the primary tool in allocating financial resources to programs and services. The budget can serve as a policy making tool, a management tool, a financial tool, and a communication tool.  Like other public utilities, SGWASA must balance its resources and programs to meet the ever-changing needs of the communities we serve, a fluctuating economy, and adherence to state and federal water quality rules and regulations. Budgeting is essentially the process of allocating scarce resources to fund services and projects benefiting the customers within our service area.


FY20-21 Approved Budget


FY20-21 Budget Message from Executive Director

FY20-21 Budget Summary:

Following extensive discussion, analysis, and discernment regarding the current and future state of SGWASA’s operational and financial needs, the SGWASA Board, at their May 12, 2020 Board Meeting  approved the FY20-21 Budget Ordinance without a rate increase to water and sewer rates, thus relying on $1,261,540 of Fund Balance.    

Key elements of the proposed FY20-21 Budget include:

Revenues:

  • Water revenue and Sewer Revenue were not increased by rate increases to existing base and volume rates.

Payroll & Benefits:

  • Includes adding two positions: Engineer (1 full time), Customer Service Representative (1 part-time).
  • Includes a 2% Cost of Living Adjustment (COLA).
  • Includes a 3% average performance merit raise for employees during the fiscal year, with allowable range of 0%-4%.
  • Includes a projected increase of 12% for medical, 5% vision, & 5% dental insurance premiums effective July 1, 2020.
  • Includes a projected increase of 10% workers compensation and 5% Property & Liability premiums effective July 1, 2020.
  • Includes an increase of 2.15% for Local Government Employees Retirement System effective July 1, 2020.

Expenses and Capital Outlay:

  • Replacing equipment and vehicles totaling $173,525.
  • Making specified large utility repairs totaling $215,420.
  • Includes $2.2 million for depreciation expense; however, proposed rates only fund 90%.
  • Includes $105,331 for ongoing maintenance agreements on all water towers.

Creating the budget is a team effort. I greatly appreciate the collaborative efforts, input, and discussions with the Finance Committee Members (Commissioners Karan and Kicinski), the SGWASA Board, and SGWASA’s leadership team (Richard Balmer, Finance Director; Fred Dancy, Utility Operations Director, Cody Norwood, Wastewater Treatment Superintendent, Jonathan Yancey, Water Treatment Superintendent, and Robert Jackson, Acting Distribution & Collections Superintendent).

Respectfully,

Scott N.Schroyer

Scott N. Schroyer, Executive Director