Canton, Massachusetts · Saved source text
Q1 2026 Operating Results Enterprise Funds pdf file
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Source page 1
DEPARTMENT OF FINANCE
TOWN OF CANTON, MASSACHUSETTS
SUSAN E. DESJARDINS
MEMORIAL HALL ASST. TREASURER/COLLECTOR
sdesjardins@town.canton.ma.us
WILLIAM R. SCOLLINS III 801 WASHINGTON STREET
(781) 821-5006
FINANCE DIRECTOR CANTON, MA 02021
rscollins@town.canton.ma.us PHONE: 781-575-6610 LOUIS M. JUTRAS
(781) 575-6612 FAX: 781-575-6608 INFORMATION SYSTEMS MANAGER
town.canton.ma.us ljutras@town.canton.ma.us
ALLYSON M. PODGURSKI (781) 821-5069
TOWN ACCOUNTANT
apodgurski@town.canton.ma.us CODY M. PRATT
(781) 575-6605 ASSISTANT TOWN ACCOUNTANT
cpratt@town.canton.ma.us
(781) 821-5011
MEMORANDUM
To: Select Board
From: Randy Scollins, Finance Director
Date: October 27, 2025
RE: Enterprise Funds Operating Results – 1st Quarter of FY 2026
The attached report shows the enterprise funds’ operating results through the first quarter of
fiscal 2026 compared to the same period for fiscal 2025.
Water Enterprise revenue came in at 37.6% of annual budgeted revenue, a strong
performance aided by the 5% rate increase at the beginning of the quarter. Expenses are
tracking to plan at 25.2% of annual budgeted expenses.
Sewer Enterprise revenue performance was also strong at 32.2% of annual budgeted
revenue and is also aided by the 5% FY26 rate increase. This includes $132,440 of new
Stormwater Fee revenue, which results in Sewer revenue being 30.4% of the annual
budget. As the FY 2027 budget is being developed we will be isolating Stormwater related
expenses from Sewer expenses in order to present Stormwater financial performance
separate from Sewer Enterprise. Total Sewer Enterprise expenses came in at 26.3% of
annual budgeted expenses.
Reponses to an RFP for a Water and Sewer rate study are due to the Town by October
31st, 2025. The Water & Sewer Rate Policy Committee will be evaluating the proposals
and selecting a vendor in November. We anticipate the study being completed in time to
present recommendations to the Select Board in April of 2026.
Rink Enterprise revenue is 2% of annual budgeted revenue. However the season is just
beginning. Expenses came in at 4.4% of the annual budget.
Please advise if you have any questions or comments concerning this information.
Attachment
cc: Charles Doody, Town Administrator
Allyson Podgurski, Town Accountant
Tyler Radicioni, Parks & Recreation Director
Emilio Maura, Chair, Finance Committee
Mike Trotta, DPW SuperintendentSource page 2
ENTERPRISE FUNDS' OPERATING BUDGET - Qtr. Ending September 30, 2025
CURRENT FISCAL YEAR PRIOR FISCAL YEAR
FISCAL Actuals Actuals FISCAL Actuals Actuals
2026 as of as % 2025 as of as %
DESCRIPTION BUDGET 9/30/2025 of Budget BUDGET 9/30/2024 of Budget
WATER REVENUE 9,979,931 3,753,386 37.6% 10,100,151 2,985,209 29.6%
SALARIES & WAGES 1,270,604 372,751 29.3% 1,278,568 249,079 19.5%
MWRA ASSESSMENT 2,751,185 807,193 29.3% 2,751,185 823,624 29.9%
DEBT SERVICE 3,417,003 568,416 16.6% 3,527,251 591,057 16.8%
CHARGES FROM GENERAL FUND 818,869 204,717 25.0% 820,877 205,219 25.0%
OTHER EXPENSES 1,722,270 628,611 36.5% 1,722,270 464,685 27.0%
TOTAL WATER OPERATING EXPENSES 9,979,931 2,581,687 25.9% 10,100,151 2,333,664 23.1%
CASH CAPITAL 255,400 2,000 0.8% 111,000 0 0.0%
TOTAL WATER ENTERPRISE EXPENSES 10,235,331 2,583,687 25.2% 10,211,151 2,333,664 22.9%
WATER SURPLUS/(DEFICIT) (255,400) 1,169,699 558.0% (111,000) 651,546 687.0%
SEWER REVENUE 7,511,395 2,419,431 32.2% 7,452,246 1,966,073 26.4%
SALARIES & WAGES 683,014 183,682 26.9% 691,581 134,301 19.4%
MWRA ASSESSMENT 5,346,680 1,653,024 30.9% 5,191,978 1,596,149 30.7%
DEBT SERVICE 511,929 217,967 42.6% 589,263 217,467 36.9%
CHARGES FROM GENERAL FUND 451,273 112,818 25.0% 460,925 115,231 25.0%
OTHER EXPENSES 518,499 30,589 5.9% 518,499 104,456 20.1%
TOTAL SEWER OPERATING EXPENSES 7,511,395 2,198,081 29.3% 7,452,246 2,167,606 29.1%
CASH CAPITAL 847,100 0 0.0% 124,000 122,859 99.1%
TOTAL SEWER ENTERPRISE EXPENSES 8,358,495 2,198,081 26.3% 7,576,246 2,290,465 30.2%
SEWER SURPLUS/(DEFICIT) (847,100) 221,350 126.1% (124,000) (324,391) -161.6%
RINK REVENUE 482,341 9,811 2.0% 495,140 15,086 3.0%
SALARIES & WAGES 122,100 2,920 2.4% 120,500 7,221 6.0%
DEBT SERVICE 106,451 0 0.0% 106,201 0 0.0%
CHARGES FROM GENERAL FUND 48,750 12,188 25.0% 63,399 15,850 0.0%
OTHER EXPENSES 205,040 6,074 3.0% 205,040 19,602 9.6%
TOTAL RINK OPERATING EXPENSES 482,341 21,182 4.4% 495,140 42,673 8.6%
CASH CAPITAL 0 0 0.0% 0 0 0.0%
TOTAL RINK ENTERPRISE EXPENSES 482,341 21,182 4.4% 495,140 42,673 8.6%
RINK SURPLUS/(DEFICIT) 0 (11,371) 0.0% 0 (27,587) 0.0%
2026 Quarterly Summary Results.xlsx Q1 2026 Enterprises 10/27/2025