FY27 Proposed Budget

Water (7300 - 7304) Fund Summary

2024

2025

2026

2026

2027

2028

Actual

Actual

Budget

Revised

Budget

Projected

Fund Balance, July 1

$ 15,824,990 15,771,223 $ $ 14,039,947 15,995,792 $ $ 11,084,192 $ 10,863,592

Revenues:

Use Of Money And Property Interest Revenues

876,397

872,930

355,000

355,000

394,800

200,000

Rents

600 301

-

600 300

600 300

100 300

100 300

Royalties & Commissions

259

Intergovernmental

Federal Ingergovernmental Revenue

5,556

- -

- -

- -

- -

- -

Disaster Assistance

617

Charges For Fees And Services Water Charges

10,996,101 11,159,798

11,647,200 11,647,200

11,824,600

11,942,725

Miscellaneous

Contributions & Donations

10,004

17,865

- -

- -

- -

- -

Printed Materials

13

17

Miscellaneous Merchandise

11,231 768,332 44,825

8,230

6,200

6,200

8,000

6,200

Intra-City Charges

819,400

1,021,500

1,021,500

1,036,200

1,054,500

Other Miscellaneous Revenue

822

-

-

400

-

Other Financial Sources Sale Of Assets

20,785

10

-

-

-

-

Sub-Total Revenues

12,734,762 12,879,331

13,030,800 13,030,800

13,264,400

13,203,825

Transfers In:

1) Bond Oridance Transfers In

1,275,354 1,800,000

57,695

886,474

1,021,000 4,800,000

-

-

Capital Reserves

1,800,000

2,500,000

3,000,000

3,000,000

Miscellaneous Transfers In

576,779

30,089

24,000

24,000

32,000

32,000

Sub-Total Transfers In

3,652,133 1,887,784

3,410,474

5,845,000

3,032,000

3,032,000

Total Revenues & Transfers In

$ 16,386,895 14,767,115 $ $ 16,441,274 18,875,800 $ $ 16,296,400 $ 16,235,825

Expenditures:

Water Administration

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

2,235,434 3,030,489 1,859,679 1,908,279 1,351,921

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

2,762,900 3,912,000 2,418,600 2,095,800

2,829,300 3,546,300 2,007,400 2,134,000

2,889,500 3,617,600 2,074,500 2,169,400

Water Treatment Plant Ops Water Distribution System Water Customer Service

Water Debt Service

562,100

562,100

-

-

Sub-Total Expenditures

10,590,603 10,385,802

10,864,300 11,751,400

10,517,000

10,751,000

Transfers Out:

Capital Project Fund 1) Debt Service Funding

2,774,705 1,275,354 1,800,000

2,299,049

4,150,000

6,215,000 1,021,000 4,800,000

3,000,000

2,300,000

57,695

886,474

-

-

Capital Reserves

1,800,000

2,500,000

3,000,000 6,000,000

3,000,000 5,300,000

Sub-Total Transfers Out

5,850,059 4,156,744

7,536,474 12,036,000

Total Expenditures & Transfers Out

$ 16,440,662 14,542,546 $ $ 18,400,774 23,787,400 $ $ 16,517,000 $ 16,051,000

Fund Balance, June 30

15,771,223 15,995,792

12,080,447 11,084,192

10,863,592 1,710,843

11,048,417 2,410,843

Restricted / Committed /Assigned

6,425,366

4,709,751

962,302

1,710,843

Unassigned Balance

$ 9,345,858 11,286,042 $ $ 11,118,146 $ 9,373,350 $ 9,152,750 $ 8,637,575

% of Revenues & Transfers In

57%

76%

68%

50%

56%

53%

1) Same Fund Transfers required by bond covenants

419