FY26 Proposed Budget

Water (7300 - 7304) Fund Summary

2023

2024

2025

2025

2026

2027

Actual

Actual

Budget

Revised

Budget

Projected

Fund Balance, July 1

$ 13,440,452 15,824,990 $ $ 14,109,124 15,771,223 $ $ 14,039,947 $ 12,080,447

Revenues:

Use Of Money And Property Interest Revenues

555,995

876,397

330,000

330,000

355,000

200,000

Rents

600 354

600 301

600 400

600 400

600 300

600 300

Royalties & Commissions

Intergovernmental

Federal Ingergovernmental Revenue

-

5,556

- -

- -

- -

- -

Disaster Assistance

7,209

617

Charges For Fees And Services Water Charges

10,472,052 10,996,101

11,079,200 11,079,200

11,647,200

11,763,615

Miscellaneous

Contributions & Donations

-

10,004

- -

- -

- -

- -

Printed Materials

32

13

Miscellaneous Merchandise

11,277 675,357

11,231 768,332 44,825

11,200 821,100

11,200 821,100

6,200

5,900

Intra-City Charges

1,021,500

979,642

Other Miscellaneous Revenue

7,701

7,700

7,700

-

-

Other Financial Sources Sale Of Assets

89

20,785

-

-

-

-

Sub-Total Revenues

11,730,666 12,734,762

12,250,200 12,250,200

13,030,800

12,950,057

Transfers In:

1) Bond Oridance Transfers In

1,378,470 1,275,354

70,200

70,200

886,474

-

Capital Reserves

1,800,000

1,800,000

1,800,000

1,800,000

2,500,000

3,000,000

Miscellaneous Transfers In

1,936

576,779

2,000

23,990

24,000

24,000

Sub-Total Transfers In

3,180,406 3,652,133

1,872,200

1,894,190

3,410,474

3,024,000

Total Revenues & Transfers In

$ 14,911,072 16,386,895 $ $ 14,122,400 14,144,390 $ $ 16,441,274 $ 15,974,057

Expenditures:

Water Administration

1,913,203 2,750,356 1,645,247 1,292,775 1,852,916

2,036,101 3,177,791 1,806,590 1,768,456 1,801,665

2,169,850 3,327,452 1,809,300 1,698,450 1,351,900

2,169,850 3,358,715 2,335,613 1,976,798 1,351,900

2,762,900 3,432,200 2,011,300 2,095,800

2,821,413 3,464,099 2,066,839 2,012,158

Water Treatment Plant Ops Water Distribution System Water Customer Service

Water Debt Service

562,100

-

Sub-Total Expenditures

9,454,497 10,590,603

10,356,952 11,192,876

10,864,300

10,364,509

Transfers Out:

Capital Project Fund 1) Debt Service Funding

(106,433)

2,774,705

1,770,000

2,812,590

4,150,000

2,850,000

1,378,470 1,275,354

70,200

70,200

886,474

-

Capital Reserves

1,800,000

1,800,000

1,800,000 3,640,200

1,800,000 4,682,790

2,500,000 7,536,474

3,000,000 5,850,000

Sub-Total Transfers Out

3,072,037 5,850,059

Total Expenditures & Transfers Out

$ 12,526,534 16,440,662 $ $ 13,997,152 15,875,666 $ $ 18,400,774 $ 16,214,509

Fund Balance, June 30

15,824,990 15,771,223

14,234,372 14,039,947

12,080,447

11,839,995 1,112,302

Restricted / Committed /Assigned

7,824,801

6,425,366

4,965,050

4,060,876

962,302

Unassigned Balance

$ 8,000,190 9,345,858 $ $ 9,269,322 $ 9,979,072 $ 11,118,146 $ 10,727,694

% of Revenues & Transfers In

54%

57%

66%

71%

68%

67%

1) Same Fund Transfers required by bond covenants

456