Enterprise Funds Major Revenues

Fiscal Year 2022 Operating and Capital Budget

Enterprise Funds

Enterprise Funds contain the following major revenue streams.

  • Parking Revenues
  • Solid Waste Revenues
  • Wastewater Revenues
  • Water Revenues

Enterprise departments are primarily self-supporting. Each enterprise department generates revenues from fees and rates charged for the services they provide. These departments work with the Budget Office to assess current trends, economic and employment factors, as well as the structure of user fees and rates. Specific factors related to each department are provided below.

Parking Revenue

Legal Authorization: Authorized by City of Tampa Code of Ordinances, Chapter 15, Article I, Division 2, Section 15-26.


Source: Parking fees charged for use of the City’s parking lots, garages, and on-street parking spaces.


Uses and restrictions: Parking revenues are used to cover the costs associated with the operations, maintenance, and capital improvement needs of the City’s parking assets.


Analysis/Assumption: On October 15, 2020, City Council approved Resolution 2020-722 adopting an updated schedule of fees with “Not to Exceed” parking fee/rate maximums for various parking activities and services. The first in a series of rate increases through FY2026 was implemented in FY2021 for monthly permits, daily (hourly), on-street, and arena/special event parking. Parking’s rate plan includes additional rate/fee increases for monthly parking permits in FY2022, FY2023, and FY2026; daily (hourly) parking in FY2023 and FY2026; on-street parking in FY2023 and FY2026; and arena/special event parking in FY2022, FY2023, and FY2026.


FY2022 parking revenues are anticipated to increase 4.2% from the FY2021 budget primarily due to increases in monthly permit parking rates and a projected increase in parking demand as arena and special events resume, more individuals return to the workplace, and the economy improves post COVID-19.

Solid Waste Revenue

Legal Authorization: Authorized by Section 180.13, Florida Statutes and City of Tampa Code of Ordinances, Chapter 26, Article I, Division 2, Section 26-31.


Source: Fees received for collection and disposal of garbage, refuse, and solid waste, and sale of electricity generated by the McKay Bay Waste to Energy Plant.


Uses and restrictions: Solid waste fees are used to cover the costs associated with providing for the collection and disposal of garbage, refuse and solid waste.


Analysis/Assumption: In February 2012, City Council adopted a five-year residential and commercial solid waste rate plan. The first increase took effect on April 1, 2012, followed by a second increase effective October 1, 2012, and the final increase effective October 1, 2015. Those rate increases, coupled with implementation of a franchise fee on private, commercial solid waste haulers, have preserved the system’s fiscal sustainability.


FY2022 solid waste revenues are expected to remain consistent with FY2021 projections.

Wastewater Revenue

Legal Authorization: Authorized by Section 180.13, Florida Statutes and City of Tampa Code of Ordinances, Chapter 26, Article I, Division 2, Section 26-31.


Source: Fees received from wastewater charges associated with providing sanitary sewer services.


Uses and restrictions: Wastewater fees are used to cover the costs associated with providing sanitary sewer services, including the planning, construction, operation, and maintenance of the City’s wastewater system.


Analysis/Assumption: On September 5, 2019, City Council approved Resolution 2019-695 implementing a 20-year Wastewater rate schedule, effective November 1, 2019, with annual rate adjustments through FY2040. Wastewater's 20-year rate schedule identifies annual increases of 3% in FY2022-FY2031, and 4% in FY2032-FY2040. Resolution 2019-695 also approved a new monthly wastewater base rate which increases annually, $1.00 per month, through FY2034.


FY2022 wastewater revenues are projected to increase 5.5% from the FY2021 budget due to increases in wastewater disposal and monthly base rate charges, and customer growth.

Water Revenue

Legal Authorization: Authorized by Section 180.13, Florida Statutes and City of Tampa Code of Ordinances, Chapter 26, Article I, Division 2, Section 26-31.


Source: Fees collected from water charges associated with the sale of water.


Uses and restrictions: Water revenues are used to cover the costs associated with the planning, construction, operation, and maintenance of the City’s water management system.


Analysis/Assumption: On September 5, 2019, City Council approved Resolution 2019-694 implementing a 20-year Water rate schedule, effective November 1, 2019, with annual rate adjustments through FY2040. Water's 20-year rate schedule identifies annual increases of 11% in FY2022-FY2025, 6% in FY2026, and 1% in FY2027-FY2040. Resolution 2019-694 also approved a new monthly water base rate which increases annually, $1.00 per month, through FY2034.


FY2022 water revenues are projected 12.4% higher than the FY2021 budget due to increases in potable water sales and monthly base rate charges, and customer growth.