Operating Budget 2025-2026

FIVE-YEAR SUMMARY 1 WATER AND SEWER FUND

Actual 2 FY 2024

Actual

Actual

Revised FY 2025

FY 2026 Adopt ed

FY 2022

FY 2023

Beginning Cash Balance (July 1)

3,975,181 $

3,122,687 $

2,512,074 $

14,271,086 $

12,392,086

$

REVENUES Service Charges Meter Installation Connection Charges Line Extensions Interest Earnings Miscellaneous Other

12,187,052 $

12,919,333 $

13,206,286 $

14,638,200 $

14,480,615

$

103,631 116,633 16,468

95,736 22,342 12,805 24,408 84,070 116,020

59,983 108,706 13,609 27,405 267,979 101,158

91,000 133,500 16,000 40,800 80,000 108,500

91,000 133,500 15,000 40,800 30,000 119,500

2,075

12,720 109,536

Total Revenues

12,548,115

13,274,714

13,785,126

15,108,000

14,910,415

Transfers In

5,330

28,511

1,245,134

-

-

Total Revenues/Transfers In

14,910,415

$ 12,553,445 $ 13,303,225 $ 15,030,260 $ 15,108,000 $

EXPENDITURES Payment to Authorities

7,795,983 $

7,920,463 $

7,976,557 $

8,900,950 $

9,500,000 1,570,928 2,109,035

$

Operations

949,891

923,704

1,273,017 1,706,491

1,561,750 1,972,276

Administration Utility Services

1,575,972

1,669,719

612,550 468,636 600,495

630,838 506,277 598,072

731,650 602,195 600,727

829,892 727,775

820,224 766,062 958,100

Pump Station Maintenance

Debt Service

1,764,353

Total Expenditures

15,724,349

$ 12,003,527 $ 12,249,073 $ 12,890,637 $ 15,756,996 $

Transfers Out

1,757,012

3,008,065

1,362,245

2,790,004

1,803,630 17,527,979

Total Expenditures/Transfers Out

$ 13,760,539 $ 15,257,138 $ 14,252,882 $ 18,547,000 $

OTHER FINANCING SOURCES Bond Proceeds

- $

- $

10,167,734 $

- $

-

$

Availability Fees

354,600

1,343,300

813,900

1,560,000

1,560,000 1,560,000

354,600 $ 1,343,300 $ 10,981,634 $ 1,560,000 $

Total Other Financing Sources

$

(1,057,564) *

Net Gain (Loss)

(852,494)

(610,613) *

11,759,012

(1,879,000) *

Ending Cash Balance

11,334,522

$ 3,122,687 $ 2,512,074 $ 14,271,086 $ 12,392,086 $

* Planned Use of Cash

1 For comparison purposes with other fund summaries, projected and budgeted expenditures are recognized on the modified accrual basis of accounting. 2 The FY 2024 Actuals are unaudited.

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