FY2022

Water (7300 - 7304) Fund Summary

2018

2019

2020

2021

2022

2023

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

12,020,634 $

18,111,079 $

11,938,239 $

12,578,952 $

13,016,183 $

12,675,393 $

Revenues:

Use Of Money And Property Interest Revenues

$

325,000

$

278,377

$

405,135

$

292,501

$

90,000

$

325,000

1,200

Rents

2,400 455

-

1,200

-

-

330

Royalties & Commiss

361

330

360

330

Intergovernmental

State 28E Agreements

57,500

-

-

-

-

-

Charges For Fees And Services Water Charges

9,846,320

9,469,775

9,639,983

10,046,328

9,442,740

9,944,783

Miscellaneous

Printed Materials Misc Merchandise Intra-City Charges Other Misc Revenue

-

12

20

11 2,143 2,000

-

-

2,140 2,000

13,887

15,761

15,760

2,140 2,000

2,000

2,000 1,680

2,000

638,690

-

44,215

-

653,361

Other Financial Sources Sale Of Assets

-

2,654

912

10,148

-

-

Sub-Total Revenues

10,815,680

9,827,060

10,065,852

10,398,875

9,550,860

10,927,614

Transfers In:

1) Bond Ordinance Transfers In

1,879,237 1,300,000

1,816,319

1,826,040

1,846,390 4,000,000

1,861,965 1,300,000

1,323,876 1,500,000

Capital Reserves Misc Transfers In

-

-

2,000

392

1,628

1,710

1,600

2,000

Sub-Total Transfers In

3,181,237

1,816,711

1,827,668

5,848,100

3,163,565

2,825,876

Total Revenues & Transfers In

13,996,917 $

11,643,771 $

11,893,520 $

16,246,975 $

12,714,425 $

13,753,490 $

Expenditures:

1,862,737 $

Water Administration

1,690,302 $

1,732,781 $

1,740,431 $

1,850,788 $

1,902,918 $

2,725,501 1,494,601 1,351,971

Water Treatment Plant Ops Water Distribution System Water Customer Service Water Public Relations

2,326,454 1,462,734 1,264,197

2,291,827 1,248,986 1,219,258

2,341,670 1,459,558 1,167,595

2,704,058 1,499,295 1,358,927

2,810,262 1,578,088 1,382,039

-

63,873

747

-

-

-

1,838,111 9,272,921

Water Debt Service

7,574,581 14,382,141

1,791,666 8,285,265

1,803,340 8,512,594

1,824,941 9,238,009

1,854,046 9,527,354

Sub-Total Expenditures

Transfers Out:

890,000

Capital Project Fund 1) Debt Service Funding

1,618,151 1,816,319

1,141,502 1,826,040

1,450,761 1,846,390 4,000,000 7,297,151

1,310,000 1,861,965 1,300,000 4,471,965

967,500

1,879,237 1,300,000 4,069,237

1,323,876 1,500,000 3,791,376

Capital Reserves

-

-

Sub-Total Transfers Out

3,434,470

2,967,542

Total Expenditures & Transfers Out

13,342,158 $

17,816,611 $

11,252,807 $

15,809,744 $

13,709,974 $

13,318,730 $

Fund Balance, June 30

12,675,393 $

11,938,239 $

12,578,952 $

13,016,183 $

12,020,634 $

13,110,153 $

6,682,875

Restricted / Committed /Assigned

3,599,800

3,634,175

6,204,725

6,231,749

6,685,205

Unassigned Balance

5,992,518 $

8,338,438 $

8,944,777 $

6,811,458 $

5,788,885 $

6,424,949 $

% of Revenues & Transfers In

43%

72%

75%

42%

46%

47%

1) Same Fund Transfers required by bond covenants

417