Financial Information

Overview

WSSC is proud to provide our budget and CIP information to the citizens of Montgomery and Prince George's Counties and the world. Below you will find summarized budget information, CIP information and general information about the WSSC’s budget processes. More detailed information is contained in the attached budget documents, which are provided here in Adobe Portable Document Format (PDF) files. The budget document includes detailed budget submissions, WSSC's budget processes, fiscal policy and approach to budgeting. The CIP document includes a discussion of WSSC's legal authority, the CIP planning process, a program overview, and detailed project information.

Budget Information

The Approved FY’19 Budget for all operating and capital funds totals $1.438 billion or $11.2 million (0.8%) more than the Approved FY’18 Budget. The Approved Operating Budget of $781.6 million represents an increase of $40.4 million (5.4%) over the FY’18 Approved Operating Budget of $741.2 million.  

For further information see the FY’19 Approved Budget.

The FY’18 Approved Budget totals $1.4 billion and is approximately the same as the FY’17 Approved Budget of $1.4 billion. The FY’18 Approved Operating Budget of $741.2 million represents an increase of $4.9 million (0.7%) from the FY’17 Approved Operating Budget. The FY’18 Approved Capital Budget of $685.5 million represents a decrease of $4.8 million (0.7%) from the FY’17 Approved Budget.

For further information see the FY’18 Approved Budget

CIP Information

The Public Hearing Staff Draft Proposed FY's 2020-2025 Capital Improvements Program includes an estimated combined total program of $5.1 billion, approximately $89 million less than the FY's 2019-2024 Adopted CIP.  Estimated combined expenditures in the Six-Year program period are approximately $3.2 billion, $110 million less than the previous CIP. Expenditures for FY'20 are estimated at $569.7 million for the combined program, $57.9 lower than the previous CIP.  Read more on the Draft FY’s 2020-2025 CIP document.

The Adopted FY's 2019-2024 Capital Improvements Program includes an estimated total combined program of $5.1 billion.  Estimated combined expenditures in the Six-Year program period are approximately $3.3 billion.  Expenditures for FY'19 are estimated at $627.6 million for the combined program. Read more on the  Adopted FY’s 2019-2024 CIP document.

Copies of the Public Hearing Staff Draft CIP will be available on or before August 17, 2018, on the Commission’s website and at the Commission’s Communications & Community Relations Office, Room 1063, 14501 Sweitzer Lane, Laurel, Maryland 20707 (Phone:301-206-8100). If you are unable to attend the hearings and have comments for consideration please submit them, in writing, to the WSSC’s Budget Division at 14501 Sweitzer Lane, Laurel, MD 20707 or, by email to budgetgroup@wsscwater.com by noon on September 17, 2018.

For more information please visit our Public Hearings page. 

Current Budget Documents 

FY'19  Approved Budget Draft FY’s 2020-2025 CIP document
FY'18 Approved Budget Adopted FY's 2019-2024 Capital Improvements Program

General Information

Budget Formulation Process

Maryland State Law requires that WSSC prepare capital and operating budgets each fiscal year. Each Budget shows funding and staff requirements, organizational components, and program and fund sources.

The budget process begins with submission of requests by all organizational units following the guidance provided by the General Manager. Management reviews these requests before the General Manager presents his recommendations to the Commissioners. The Commissioners review the budget and make recommendations before approving a proposed budget document for public hearing. A proposed budget document must be available to the public before January 15. Hearings on the WSSC budget are held in each county before February 15. WSSC considers comments and testimony given at the public hearings before the Proposed Budget is transmitted to the counties.

State law requires WSSC to transmit its proposed budget to the counties on or before March 1 of each year. The County Councils and County Executives and their staffs review the budget and make recommendations. Both counties must approve any amendments to the budget on or before June 1. Once the counties' actions have been received, WSSC adopts an Approved Budget and sets the levels for charges, fees, and taxes to finance approved expenditures. The Approved Budget takes effect on July 1.

Once the budget is adopted, total expenditures may not exceed the final total approved budget without an approved budget supplement. Budget supplements must be approved by the Montgomery and Prince George's County Councils, and are transmitted to them through their respective County Executives.

CIP Formulation Process

Maryland State Law requires that WSSC prepare a six-year Capital Improvements Program for major water and sanitary sewerage facilities and transmit it to the County Council and the County Executive of Montgomery County and the County Executive of Prince George's County before October 1 each year. The Commission, where required by the two County Councils' final action on the program, must revise the same and then prior to the commencement of the first fiscal year of the six-year program, adopt the Capital Improvements Program.

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