The City of St. Louis, Missouri engaged Black & Veatch to conduct a Revenue Sufficiency Study for the Water Division to determine if the water utility’s projected annual revenues could provide sufficient funding for the projected annual operating and capital expenses while maintaining targeted levels of annual reserve balances and meeting financial metrics. The Study Period is from July 1, 2026, through June 30, 2032, comprising the Fiscal Years (FY) 2027 to 2032. The purpose of this report is to summarize the study approach and findings and provide recommendations regarding the estimated annual revenue increases needed to meet the Water Division’s projected annual revenue requirements and other financial criteria discussed in the Report. Read the full report.
