refuse rate increase is being incorporated into the City’s 2027 revenue projections, with a formal recommendation to be presented as part of the 2027 budget process.

Water Fund

Water Fund revenues total approximately $1.7 million, or 73% of the year’s projected revenue. Expenses are approximately $1.3 million, or 60% of budget, with an additional $290,000 in encumbrances. Total expenditures plus encumbrances therefore represent approximately 73% of the 2026 expenditure plan.

The largest encumbered budget categories are chemicals/softening supplies, consultants, and utilities, which together account for approximately 60% of total Water Fund encumbrances.

Sewer Fund

Sewer Fund revenue totals approximately $1.7 million, or 68% of the budgeted total. Sewer expenses are currently approximately $1.7 million, or 56% of the $3.0 million annual expenditure budget. Of the approximately $63,000 in current encumbrances, service contracts and health insurance account for approximately 77%. Total expenditures plus encumbrances represent approximately 58% of the 2026 expenditure budget.

Montgomery County has informed the City that sewer consumption rates are expected to increase by approximately 45% in 2027. The City of Dayton historically announces its rate increases in the December/January timeframe. These anticipated increases will be incorporated into the City’s revenue model to ensure that sewer operations remain financially sustainable while also providing adequate resources for future capital needs.

Stormwater Fund

Stormwater Fund revenue totals approximately $331,000, or 68% of estimated annual revenue. The City has expended nearly $419,000 year-to-date, including $250,000 transferred to the Stormwater Capital Fund. With approximately $89,000 in current encumbrances, total expenditures plus encumbrances represent approximately 82% of the $618,000 annual expenditure budget. Leaf disposal and curb and catch basin repairs account for approximately 66% of current Stormwater Fund encumbrances.

All Funds

Across all funds, Oakwood has collected approximately $22.7 million, or 68% of the $33 million in budgeted annual revenue. Excluding interfund transfers, the City has received approximately $17.2 million, or 68% of estimated 2026 outside revenue.

Year-to-date investment income is approximately $671,000, compared with $599,000 at the same point last year. The increase is partially attributable to shifting compensating balances from the City’s general checking account to STAR Ohio, allowing the City to earn higher returns on funds that would otherwise have remained in the operating account.