Sewer System Rate Stabilization Fund
Source: PDF pp. 1133-1134 ↗ · raw: 1133 · 1134
Breadcrumb: Fund Summaries > Public Works. > Sewer System Rate Stabilization Fund
City of Portland Fiscal Year 2026-27 Proposed Budget Public Works> Sewer System Rate Stabilization Fund Sewer System Rate Stabilization Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $138,587,162 $133,356,790 $148,700,000 $157,116,712 Fund Expense $0 $0 $148,700,000 $157,116,712 Contingency $0 $0 $143,700,000 $154,116,712 Fund Transfers - $0 $0 $5,000,000 $3,000,000 Expense Unappropriated $138,587,162 $133,356,790 $0 $0 Ending Fund Balance $138,587,162 $133,356,790 $0 $0 Revenue $138,587,162 $133,356,790 $148,700,000 $157,116,712 External Revenues $5,230,372 $3,927,031 $5,100,000 $5,669,881 Miscellaneous $5,230,372 $3,927,031 $5,100,000 $5,669,881 Internal Revenues $133,356,790 $129,429,759 $143,600,000 $151,446,831 Beginning Fund $133,356,790 $129,429,759 $138,600,000 $151,446,831 Balance Fund Transfers - $0 $0 $5,000,000 $0 Revenue Fund Overview The Sewer System Rate Stabilization Fund was created in 1987 to enable the Bureau of Environmental Services to smooth the forecasted rate increases by managing fluctuations in sewer system revenues over several years. To calculate debt service coverage ratios, the bureau's master bond ordinance requires that transfers from the Sewer System Operating Fund to this fund are treated as operating expenditures; conversely, transfers to the Operating Fund from this fund are treated as operating revenues. Fund balances are kept in alignment with financial best practices for comparably sized sewer/stormwater utilities. Managing Agency Bureau of Environmental Services Significant Changes from Prior Year The beginning fund balance is budgeted to increase from the $138.6 million in the FY 2025-26 revised budget to $151.4 million. Miscellaneous revenues, which are comprised of interest earnings, are budgeted at $5.6 million, compared to the $5.1 million in the 1133
City of Portland Fiscal Year 2026-27 Proposed Budget FY 2025-26 revised budget. Cash transfer revenues are budgeted at $3.0 million from the Sewer System Operating Fund in FY 2026-27, reflecting a decrease of $2 million compared to the FY 2025-26 revised budget of $5.0 million. Fund transfer expenses are budgeted at $5 million to the Sewer System Operating Fund, reflecting the same amount in the FY 2025-26 revised budget to allow for unforeseen changes in our financial condition. Contingency (a proxy for ending fund balance) is budgeted to increase from the $143.7 million 2025-26 revise budget to $154.1 million and is forecast to be used over time to manage risk and keep rates from increasing beyond planned levels. 1134
Parent: Public Works. · PDF: pp. 1133-1134 ↗