DWM's Financial Picture

Nationwide, cities are struggling with declining revenues and increasing financial obligations. Atlanta is no exception. In particular, the Department of Watershed Management has felt the effects of the country's financial crisis, as it is undertaking a $4 billion overhaul of its water and sewer infrastructure - an overhaul that is court-mandated through two Consent Decrees. At the same time, the obligation to operate, manage and maintain the City's drinking water and sewer systems is undiminished.

Meanwhile, water conservation measures, which the Department certainly encourages, have significantly affected revenues, as have the tightening credit markets resulting from the economic downturn.

The Department wants its customers to understand these effects. The attached charts indicate water/sewer revenues (Chart 1), Municipal Option Sales Tax revenues (Chart 2), Departmental expenditures (Chart 3) and debt service (Chart 4). These charts will be updated monthly; more often if necessary.

Financial Picture as of 09-30-2011
Financial Picture as of 08-31-2011
Financial Picture as of 07-31-2011
Financial Picture as of 05-30-2011
Financial Picture as of 04-30-2011
Financial Picture as of 03-31-2011
Financial Picture as of 02-28-2011
Financial Picture as of 01-31-2011
Financial Picture as of 12-31-2010
Financial Picture as of 11-30-2010
Financial Picture as of 10-31-2010
Financial Picture as of 09-30-2010
Financial Picture as of 08-31-2010
Financial Picture as of 05-30-2010
Financial Picture as of 04-30-2010
Financial Picture as of 03-31-2010
Financial Picture as of 02-28-2010
Financial Picture as of 01-31-2010
Financial Picture as of 12-31-2009
Financial Picture as of 11-30-2009
Financial Picture as of 10-31-2009
Financial Picture as of 09-30-2009
Financial Picture as of 08-31-2009
Financial Picture as of 06-30-2009
Financial Picture as of 05-31-2009
Financial Picture as of 04-30-2009
Financial Picture as of 03-31-2009
Financial Picture as of 02-24-2009
Financial Picture as of 01-16-2009
Financial Picture as of 11-30-2008
Financial Picture as of 11-14-2008 (This update is through September 30, 2008)

First Amended Consent Decree Financial Capability-Based Amendment & Schedule Extension Request (NEW)