Enterprise Funds

Fiscal Year 2021/22

Overview

Enterprise Funds are used to account for certain operations providing services to the general public for a fee. The City of Tucson’s Enterprise Funds are established to set fees or charges in order to recover the cost of providing services, including capital costs. The Enterprise Funds may issue debt backed solely by the fees and charges of the funds. Included in the category are Tucson Water Utility, Environmental Services Fund, Tucson Golf Enterprise Fund, Public Housing (AMP) Fund, and non-PHA Asset Management Fund.

Enterprise Funds By Fund FY2021/22


The funds below comprise Enterprise Funds -

Tucson Water Utility Fund

Tuscon Water Utility Fund is committed to providing high quality water service to the general public. As an enterprise fund, the Tucson Water Utility Fund was established to set fees or charges to recover the cost of providing water services, including related capital costs.


The Tucson Water fees reported within this fund include potable water sales, Central Arizona Project (CAP) surcharge, water conservations fees, reclaimed water sales, connection fees, and other miscellaneous operating revenues. Non-operating revenues within this fund include interest earnings, reimbursement from the Tucson Airport Authority Remediation Project, equity fees, and miscellaneous state and federal grants.


Mayor and Council approved a rate differential for Tucson Water customers living within un-incorporated Pima County. This differential was approved on the July 8,2021 Mayor and Council meeting and is not scheduled to take effect until December 1, 2021. The revenue projected to be collected through this differential was not included as part of Tucson Water’s Fiscal Year 2021/22 adopted budget.


For fiscal Year 2021/22, the potable water sales are projected to be $182.4 million, a decrease of $15.9 million from Fiscal Year 2020/21 estimated, primarily the result of higher revenues in Fiscal Year 2020/21. This was caused by a weak monsoon and warmer weather that led to an overall consumption surge.


Tucson Water Utility Fund By Category FY2019/20 - FY2021/22

Metered Sales Revenue For Tucson Water Utility Fund FY2019/20 - FY2021/22

Environmental Services Fund

Environmental Services provides Tucson citizens and businesses with refuse and recycling trash collection and waste disposal services. The department operates the City's landfill in compliance with state and federal regulations and administers the City's Environmental Compliance and Brownfields programs as well as the Household Hazardous Waste program.


The adopted revenues for Fiscal Year 2021/22 are $53.3 million, a decrease of $0.4 million from Fiscal Year 2020/21 estimated.


The major revenue sources for the Environmental Services Fund are Residential and Commercial Services, budgeted at $37.1 million for Fiscal Year 2021/22.


Environmental Services Fund By Category FY2019/20 - FY2021/22

Residential and Commercial Services Revenue For Environmental Services Fund FY2019/20 - FY2021/22

Tucson Golf Enterprise Fund

The Tucson Golf Fund operates five golf courses throughout the city: El Rio, Randolph, Dell Urich, Fred Enke, and Silverbell. The revenues are collected from the following sources: golf course operations include golf fees, cart rental, driving range, pro shops, and food and beverage sales. The City contracts with OB Sports to manage the golf course operations.


The adopted revenues for Fiscal Year 2021/22 are $9.3 million.


Tucson Golf Enterprise Fund By Category FY2019/20 - FY2021/22

Golf Course Revenue For Tucson Golf Enterprise Fund FY2019/20 - FY2021/22

Public Housing (AMP) Fund

Public Housing provides decent and safe rental housing for eligible low-income families, the elderly, and persons with disabilities. The City of Tucson owns and manages 1,505 public housing units located throughout the city. The public housing unit portfolio includes elderly/disabled high-rises, multi-unit housing complexes, and scattered site single family homes.


The Public Housing (AMP) Funds federal grant funding is projected to decrease from Fiscal Year 2020/21 estimated total of $16.4 million to $15.6 million for Fiscal Year 2021/22.


Public Housing (AMP) Fund By Category FY2019/20 - FY2021/22

Non-PHA Asset Management Fund

This fund accounts for asset management activities by the Housing and Community Development Department, consisting of affordable multifamily housing rentals and department office buildings. The Fiscal Year 2021/22 budgeted revenues are $2.1 million.


Non-PHA Asset Management Fund By Category FY2019/20 - FY2021/22