FY2023 Adopted Budget

Water (7300 - 7304) Fund Summary

2019

2020

2021

2022

2023

2024

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

12,957,969 $

11,938,239 $

12,578,952 $

13,016,183 $

12,833,162 $

13,436,362 $

Revenues:

Use Of Money And Property Interest Revenues

$

250,000

$

405,135

$

292,501

$

48,592

$

325,000

$

250,000

600 250

Rents

-

1,200

600 251

1,200

600 250

Royalties & Commissions

361

330

330

Intergovernmental Federal Ingergovernmental Revenue

-

-

41,228

13,274

-

-

Charges For Fees And Services Water Charges

9,987,370

9,639,983 10,046,328

9,933,378

9,846,320

10,087,244

Miscellaneous

Printed Materials

20

11

80

-

-

-

Miscellaneous Merchandise

10,760 675,357

15,761

2,143 2,000

10,759

2,140

11,360 695,174

Intra-City Charges

2,000 1,680

2,000 2,303

640,690

2,300

Other Miscellaneous Revenue

44,215

-

2,500

Other Financial Sources Sale Of Assets

-

912

10,148

6,119

-

-

10,926,637

Sub-Total Revenues

10,065,852

10,398,875

10,045,311

10,828,954

11,047,128

Transfers In:

1,324,225 1,800,000

1) Bond Ordinance Transfers In

1,826,040

1,846,390

1,861,190

1,879,237 1,300,000

1,366,176 1,800,000

Capital Reserves

-

4,000,000 1,300,000

2,500

Miscellaneous Transfers In

1,628

1,710

3,121

2,000

2,500

Sub-Total Transfers In

3,126,725

1,827,668

5,848,100

3,164,311

3,181,237

3,168,676

Total Revenues & Transfers In

14,053,362 $

11,893,520 $

16,246,975 $

13,209,622 $

14,010,191 $

14,215,804 $

Expenditures:

1,875,687 $

Water Administration

1,732,781 $

1,740,431 $

1,836,129 $

1,862,737 $

1,915,920 $

2,703,118 1,544,289 1,430,754 1,854,396 9,408,244 1,042,500 1,324,225 1,800,000 4,166,725 -

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

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

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

2,687,066 1,404,977 1,289,783

2,772,747 1,594,601 1,356,971

2,787,176 1,604,095 1,471,729

-

-

-

-

747

Water Debt Service

1,791,666 8,285,265

1,803,340 8,512,594

1,824,165 9,042,120

1,838,091 9,425,148

1,802,326 9,581,246

Sub-Total Expenditures

Transfers Out:

Capital Project Fund 1) Debt Service Funding

1,141,502 1,826,040

1,450,761 1,846,390

1,189,332 1,861,190

1,281,000 1,879,237 1,300,000 4,460,237

1,644,000 1,366,176 1,800,000 4,810,176

Capital Reserves

-

4,000,000 1,300,000

Sub-Total Transfers Out

2,967,542

7,297,151

4,350,522

Total Expenditures & Transfers Out

13,574,969 $ 13,436,362 $

11,252,807 $ 12,578,952 $

15,809,744 $ 13,016,183 $

13,392,642 $ 12,833,162 $

13,885,385 $ 12,957,969 $

14,391,422 $ 13,260,743 $

Fund Balance, June 30

6,675,888

Restricted / Committed /Assigned

3,634,175

6,204,725

6,388,413

6,448,559

6,395,738

Unassigned Balance

6,760,474 $

8,944,777 $

6,811,458 $

6,444,750 $

6,509,410 $

6,865,006 $

% of Revenues & Transfers In

48%

75%

42%

49%

46%

48%

1) Same Fund Transfers required by bond covenants

472