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2030 Plan - Grand Strand Water and Sewer Authority

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2. Revenue <strong>and</strong> Rate Projections<br />

Revenue projections are determined from allocating the projected expenses into the<br />

known revenue categories <strong>and</strong> adjusting the rates as required to ensure that expenses are<br />

covered. The following table uses known revenues from Fiscal Year 2010 <strong>and</strong> projects<br />

the revenues <strong>and</strong> corresponding rates through the year <strong>2030</strong>. As seen from the tables<br />

below, the projections are for retail customer rates to increase from $41.10/month in 2010<br />

to $63.72/month in <strong>2030</strong>, an average annual increase of 2.23 percent.<br />

84

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