The pie chart below depicts the allocation of Utilities' Stormwater funds for the current budget.
The chart excludes depreciation and transfers.
Definition of Terms#
Funds to acquire or upgrade the electric distribution system's physical assets.
Covers costs for customer service, billing, community engagement, regulatory government affairs, safety, security and wellness, and costs associated with the executive director's office. The percentage of contribution to CS&A by each utility service area differs depending on ratio of revenues to the overall Utilities budget.
Covers payments for revenue bonds, which pay for capital improvements.
Costs to build and maintain a system to direct excess rainfall from streets, roofs, parking lots and sidewalks to detention ponds and the river. This helps prevent flooding and erosion, as well as improving water quality downstream.
Costs for engineering, design and administration of the stormwater system.
This category includes transfers to the City's General Fund for administrative services such as human resources, legal, finance and the City Manager's Office. It also includes costs associated with insurance, personnel, investments, bad debt, contingencies, Poudre Fire Authority services, and other miscellaneous administrative costs.
What is Customer Service and Administration (CS & A), and why is it a different percent for each fund?
CS & A covers costs for customer service, billing, community engagement, regulatory government affairs, safety, security and wellness, and costs associated with the executive director's office. The percentage of contribution by each utility service area varies depending on the ratio of revenues to the overall Utilities budget.
Once debt service is paid, will rates go down?
Debt service is used to finance capital improvements. As bonds are paid, Utilities may issue additional debt to cover the cost of other capital improvements outlined in a City-wide strategic capital improvement plan. Debt service may differ in the service areas due to varying needs for capital improvements.