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Budget / Customer-funded services

Water and sewer have their own fund.

The Utility Fund plans operations, expansion and loan payments. An annual debt-service amount does not tell us the outstanding balance or all city debt.

Posted FY2026 plan · final version unconfirmed

FY2026: October 2025–September 2026 · Evidence reviewed October 5, 2026 · Source version & limitations

Per-resident figures round to the nearest whole dollar. Dollar totals retain their current precision.

Annual loan payments do not show the debt balance.

FY2026 plan · Utility Fund. Use the documented loan-payment figure separately from the unverified outstanding principal and unrestricted reserve questions.

Utility Fund

$16.7M planned spending

Revenue is mainly customer charges ($9,546,088), impact fees paid by new development ($2,811,600), $2,650,000 of “other financing sources” and $1,477,250 intergovernmental. Wastewater is the largest cost ($7,155,664) as the system expands.

Revenue
$16.8M
Annual loan payment
$786K
Source pages (2)

Debt

What we can and can’t say yet

  • The budget lists $786,070 a year for State Revolving Fund Loan 2, labeled as maturing in 2037. That is a yearly payment, not the amount still owed.
  • The outstanding balance of city debt comes from the annual audit, not the budget. We have not yet reviewed the audited debt schedule.
  • Community development district (CDD) bonds are separate from the City’s debt (Florida Statutes 190.016 ↗).
Source page (1)
  • City of Minneola: posted FY2026 budget tables ↗City of Minneola · PDF page 38; 2026 Budgeted column, Utility Fund summary: expenditures, annual S.R.F. Loan 2 debt service and maturity label. Footer retains Draft – 08-10-25 updated – Council.

Reserves

A rainy-day check we can’t run yet

The Government Finance Officers Association recommends keeping at least two months (about 17%) of regular General Fund spending in unrestricted reserves.

The budget doesn’t report reserve balances. Those come from the audited financial statements, which we haven’t reviewed yet. GFOA’s guidance is a recommended floor, not a legal requirement.

GFOA fund-balance guidance ↗

Read fund flows & overlaps →Check budget source status →