FY2024 Proposed Budget

Water (7300 - 7304) Fund Summary

2020

2021

2022

2023

2024

2025

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

13,722,844 $

12,578,952 $

13,016,183 $

12,833,162 $

13,440,452 $

11,364,221 $

Revenues:

Use Of Money And Property Interest Revenues

$

329,546

$

292,501

$

48,592

$

34,204

$

250,000

$

329,546

600 421

Rents

1,200

600 251

600 421

600 250

600 421

Royalties & Commissions

330

Intergovernmental Federal Ingergovernmental Revenue

- -

41,228

25,265

- -

- -

- -

Disaster Assistance

-

538

Charges For Fees And Services Water Charges

10,552,447

10,046,328

9,933,378

10,125,568

9,987,370

10,657,968

Miscellaneous

Contributions & Donations

-

-

13,846

6,449

-

- -

Printed Materials

74

11

80

74

-

Miscellaneous Merchandise

12,138 768,332

2,143 2,000

10,759

12,138 534,242

10,760 675,357

10,919 781,209

Intra-City Charges

2,000 2,303

4,802

Other Miscellaneous Revenue

44,215

9,556

2,300

-

Other Financial Sources Sale Of Assets

-

10,148

6,119

22,828

-

-

Sub-Total Revenues

11,668,360

10,398,875

10,045,311

10,779,280

10,933,086

11,780,663

Transfers In:

1) Bond Oridance Transfers In

1,364,675 1,800,000

1,846,390 4,000,000

1,861,190 1,300,000

1,802,141 1,300,000

1,324,225 1,800,000

140,758

Capital Reserves

1,800,000

2,500

Miscellaneous Transfers In

1,710

3,121

253,442

2,500

2,500

Sub-Total Transfers In

3,167,175

5,848,100

3,164,311

3,355,583

3,126,725

1,943,258

Total Revenues & Transfers In

14,835,535 $

16,246,975 $

13,209,622 $

14,134,863 $

14,059,811 $

13,723,921 $

Expenditures:

2,080,599 $

Water Administration

1,740,431 $

1,836,129 $

1,862,423 $

$

1,875,688 2,800,567 1,624,289 1,430,754 1,854,396 9,585,694 1,067,500 1,324,225 1,800,000 4,191,725

2,125,179 $

3,060,113 1,556,782 1,585,663 1,802,326 10,085,483 3,944,000 1,364,675 1,800,000 7,108,675

Water Treatment Plant Ops Water Distribution System Water Customer Service

2,341,670 1,459,558 1,167,595 1,803,340 8,512,594 1,450,761 1,846,390 4,000,000 7,297,151

2,687,066 1,404,977 1,289,783 1,824,165 9,042,120 1,189,332 1,861,190 1,300,000 4,350,522

2,683,537 1,520,393 1,233,610 1,844,470 9,144,432 1,281,000 1,802,141 1,300,000 4,383,141

3,126,047 1,605,434 1,614,295 1,366,175 9,837,131

Water Debt Service

Sub-Total Expenditures

Transfers Out:

Capital Project Fund 1) Debt Service Funding

1,400,000

140,758

Capital Reserves

1,800,000 3,340,758

Sub-Total Transfers Out

Total Expenditures & Transfers Out

17,194,158 $ 11,364,221 $

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

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

13,527,572 $ 13,440,452 $

13,777,419 $ 13,722,844 $

13,177,889 $ 11,910,253 $

Fund Balance, June 30

3,985,762

Restricted / Committed /Assigned

6,204,725

6,388,413

6,365,084

6,567,413 7,155,432

3,160,345

Unassigned Balance

7,378,459 $

6,811,458 $

6,444,750 $

7,075,369 $

$

8,749,909 $

% of Revenues & Transfers In

50%

42%

49%

50%

51%

64%

1) Same Fund Transfers required by bond covenants

470