FY25 Proposed Budget

Water (7300 - 7304) Fund Summary

2022

2023

2024

2024

2025

2026

Actual

Actual

Budget

Revised

Budget

Projected

Fund Balance, July 1

$ 12,833,162 13,440,452 $ $ 13,722,844 15,824,990 $ $ 14,109,124 $ 14,234,372

Revenues:

Use Of Money And Property Interest Revenues

$

34,204 $

555,995 $

329,546 $

329,546 $

330,000 $

330,000

Rents

600 421

600 354

600 421

600 421

600 400

600 400

Royalties & Commissions

Intergovernmental

Federal Ingergovernmental Revenue

25,265

-

- -

- -

- -

- -

Disaster Assistance

538

7,209

Charges For Fees And Services Water Charges

10,125,568 10,472,052

10,552,447 10,552,447

11,079,200

11,189,990

Miscellaneous

Contributions & Donations

13,846

-

-

-

- -

- -

Printed Materials

74

32

74

74

Miscellaneous Merchandise

12,138 534,242

11,277 675,357

12,138 768,332

12,138 768,332

11,200 821,100

10,900 830,100

Intra-City Charges

Other Miscellaneous Revenue

9,556

7,701

4,802

4,802

7,700

6,000

Other Financial Sources Sale Of Assets

22,828

89

-

-

-

-

Sub-Total Revenues

10,779,280 11,730,666

11,668,360 11,668,360

12,250,200

12,367,990

Transfers In:

1) Bond Oridance Transfers In

1,802,141 1,378,470

1,364,675 1,800,000

1,364,675 1,800,000

70,200

804,153

Capital Reserves

1,300,000

1,800,000

1,800,000

2,500,000

Miscellaneous Transfers In

253,442

1,936

2,500

572,578

2,000

2,000

Sub-Total Transfers In

3,355,583 3,180,406

3,167,175

3,737,253

1,872,200

3,306,153

Total Revenues & Transfers In

$ 14,134,863 14,911,072 $ $ 14,835,535 15,405,613 $ $ 14,122,400 $ 15,674,143

Expenditures:

Water Administration

$ 1,862,423 $ 1,913,203 $ 2,080,599 $ 2,085,232 $ 2,169,850 $ 2,216,400

Water Treatment Plant Ops Water Distribution System Water Customer Service

2,683,537 1,520,393 1,233,610 1,844,470

2,750,356 1,645,247 1,292,775 1,852,916

3,060,113 1,556,782 1,585,663 1,802,326

3,203,365 2,272,998 1,762,883 1,802,326

3,327,452 1,809,300 1,698,450 1,351,900 10,356,952

3,338,270 1,762,075 1,706,445

Water Debt Service

561,300

Sub-Total Expenditures

9,144,432 9,454,497

10,085,483 11,126,804

9,584,490

Transfers Out:

Capital Project Fund 1) Debt Service Funding

1,281,000

(106,433)

3,944,000 1,364,675 1,800,000 7,108,675

2,830,000 1,364,675 1,800,000 5,994,675

1,770,000

3,100,000

1,802,141 1,378,470

70,200

804,153

Capital Reserves

1,300,000

1,800,000

1,800,000 3,640,200

2,500,000 6,404,153

Sub-Total Transfers Out

4,383,141 3,072,037

Total Expenditures & Transfers Out

$ 13,527,572 12,526,534 $ $ 17,194,158 17,121,479 $ $ 13,997,152 $ 15,988,643 $ 13,440,452 15,824,990 $ $ 11,364,221 14,109,124 $ $ 14,234,372 $ 13,919,872

Fund Balance, June 30

Restricted / Committed /Assigned

6,365,084

7,824,801

3,985,762

6,357,150

4,965,050

2,999,597

Unassigned Balance

$ 7,075,369 8,000,190 $ $ 7,378,459 $ 7,751,974 $ 9,269,322 $ 10,920,275

% of Revenues & Transfers In

50%

54%

50%

50%

66%

70%

1) Same Fund Transfers required by bond covenants

461