FY25 Proposed Budget

Wastewater (7200 - 7204) Fund Summary

2022

2023

2024

2024

2025

2026

Actual

Actual

Budget

Revised

Budget

Projected

Fund Balance, July 1

$ 24,842,383 25,314,538 $ $ 20,597,611 21,174,871 $ $ 21,903,810 $ 21,185,210

Revenues:

Licenses And Permits

Miscellaneous Permits & Licenses

$

8,928

$

-

$

8,928

$

8,928

$

-

$

-

Intergovernmental

Federal Ingergovernmental Revenue

13,776

-

- -

- -

- -

- -

Disaster Assistance

2,160

935

Use Of Money And Property Interest Revenues

47,109

497,507

107,906

107,906

80,000

80,000

Royalties & Commissions

161

231

161

161

200

200

Charges For Fees And Services

Miscellaneous Charges For Services

1,650

-

1,650

1,650

-

-

Wastewater Charges

12,117,702 12,332,334

12,359,703 12,359,703

13,207,400

13,339,474

Refuse Charges

1,223

693

1,223

1,223

700

700

Miscellaneous

Other Miscellaneous Revenue

68,730

65,201

68,730

68,730

65,200

65,200

Other Financial Sources Sale Of Assets

313

794

-

-

-

-

Sub-Total Revenues:

12,261,752 12,897,695

12,548,301 12,548,301

13,353,500

13,485,574

Transfers In:

Interfund Loans

425,000 280,876

-

-

-

-

-

Miscellaneous Transfers In

2,232

2,875

60,791

2,500

2,500

Capital Reserves

2,500,000 1,192,894

3,500,000

3,500,000 2,575,000 6,077,875

3,500,000 5,227,813 8,788,604

1,500,000 3,872,500 5,375,000

1,500,000 3,755,800 5,258,300

1) Bond Oridance Transfers In

-

Sub-Total Transfers In

4,398,769 3,502,232

Total Revenues & Transfers In

$ 16,660,521 16,399,927 $ $ 18,626,176 21,336,905 $ $ 18,728,500 $ 18,743,874

Expenditures:

Wastewater Administration

$ 2,607,392 $ 3,477,546 $ 3,075,892 $ 3,082,842 $ 3,383,700 $ 3,455,570

Wastewater Treatment Plant Ops

3,356,400

4,076,376

3,912,324

4,124,390

3,917,500

4,040,064

Lift Stations

284,255 834,992

288,208 870,298

225,637 969,404

266,617 983,304

294,700 977,100

239,394

Wastewater Collection Systems

1,033,186 4,017,100 12,785,314

Wastewater Debt Service Sub-Total Expenditures

2,828,433

2,137,090

-

-

4,141,600 12,714,600

9,911,472 10,849,518

8,183,257 8,457,153

Transfers Out:

Capital Project Fund Capital Reserves 1) Debt Service Funding Sub-Total Transfers Out

2,584,000 2,500,000 1,192,894

6,190,076 3,500,000

2,455,000 3,500,000 2,575,000

3,423,000 3,500,000 5,227,813

1,360,000 1,500,000 3,872,500 6,732,500

926,000

1,500,000 3,755,800 6,181,800

-

6,276,894 9,690,076

8,530,000 12,150,813

Total Expenditures & Transfers Out

$ 16,188,366 20,539,594 $ $ 16,713,257 20,607,966 $ $ 19,447,100 $ 18,967,114 $ 25,314,538 21,174,871 $ $ 22,510,530 21,903,810 $ $ 21,185,210 $ 20,961,970

Fund Balance, June 30

Restricted / Committed /Assigned

10,482,389

3,142,160 6,762,160

8,446,973

8,317,873

8,630,573

Unassigned Balance

$ 14,832,149 18,032,711 $ $ 15,748,370 13,456,836 $ $ 12,867,336 $ 12,331,396

% of Revenues & Transfers In

89%

110%

85%

63%

69%

66%

1) Same Fund Transfers required by bond covenants

451