• Rehab Well #1 & #4 - $70,000
  • Water Line Repairs - $65,000
  • Firwood Wellfield Transfer Switch - $65,000
  • Sanitary Sewer Utility
    • S-85 Dump 4400 - $150,000
    • Sewer Manhole Rehab - $110,000
    • Sewer Line Repair - $50,000
  • GENERAL FUND REVENUES: The 2026 budgeted General Fund revenues are projected as follows: property tax $3,166,969; income tax $11,550,000; interest revenue $525,000; and other revenues $622,655. Ms. Leonard also presented a chart illustrating income and property tax collections from 2005 to the present.
    • 2026 PROPOSED BUDGET:
      • General Fund: The 2026 Proposed Budget includes transfers in, transfers out, and encumbrances, resulting in an ending General Fund balance of $8,324,412. This includes a one-time expense of $950,000 for a new firetruck and $450,000 to initiate the park project, bringing the adjusted total to $9,724,412.
      • Refuse Fund: A $400,000 transfer from the General Fund is planned to supplement capital expenses for 2026. Additionally, a $5 increase in refuse collection is recommended for 2027, raising the monthly flat rate from $35 to $40 per month.
      • Water Fund: Significant costs are anticipated for infrastructure improvements and capital equipment, including water mains and service lines, well maintenance, water tower refurbishments, and meter replacements. The Water Rate Study will incorporate the Capital Improvement Plan into the rates. Enterprise Transfers reflect reimbursements to the Service Center for vehicle and equipment maintenance provided to the Water, Sewer, and Stormwater Utilities.
        • Upcoming capital projects for the Water Works in 2026 include the installation of an 8-inch water line on Harmon and Park Avenue at a cost of $150,000, improvements to the Ridgewood water main totaling $800,000, and water meter and AMR transmitter replacements estimated at $1,000,000. Additional projects include exterior painting of the water tower for $690,000, interior painting of the water tower for $520,000, and the water valve exercise and replacement program, which is projected to cost $1,000,000.
      • Sanitary Sewer Fund: The largest sewer expense is comprised of charges from the City of Dayton and Montgomery County for sewer processing. Montgomery County has announced a rate increase for 2026, from $3.78 per CCF to $4.35 per CCF. The City of Dayton’s rate increase will be determined in December, but historical increases have averaged 6.83% over the past three years. For 2026, the City of Oakwood will charge inside-city rates of $5.51125 per 100 cubic feet. Costs include infrastructure improvements and capital equipment, such as sewer line repair and maintenance, sewer manhole rehabilitation, and meter replacements.
      • Stormwater Utility: The stormwater utility revenue is currently meeting operational needs with no upcoming capital expenses planned.
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