Town of Blacksburg Adopted Operating Budget FY 2027

FIVE-YEAR SUMMARY 1 WATER AND SEWER FUND

Actual 2 FY 2025

Actual FY 2023

Actual FY 2024

Budget FY 2026

FY 2027 Budget

Beginning Net Position

13,644,949 $

13,554,668 $

12,392,086 $

13,072,347 $

11,687,054

$

REVENUES Service Charges

12,919,334 $

13,206,291 $

13,485,029 $

14,480,615 $

15,789,790

$

Availability & Transfer Fees

360,713 95,736 22,342 (12,962) 174,232

252,885 59,984 108,707 162,410 138,201

32,235 82,511 53,224 639,527 100,768

1,651,000

500,000 100,190 145,520 84,500 131,300

Meter Installation Connection Fees Interest Earnings

91,000 98,300 30,000 119,500

Miscellaneous

Total Revenues

13,559,395

13,928,478

14,393,294

16,470,415

16,751,300

Bond Procceds

-

-

- -

- -

- -

Capital Contributions

225,268

1,245,134

Transfers In

-

-

-

-

-

16,751,300

Total Revenues

$ 13,784,663 $ 15,173,612 $ 14,393,294 $ 16,470,415 $

EXPENSES Personnel

1,369,620 $

1,676,283 $

1,815,293 $

2,254,908 $

2,263,082 10,769,122 2,454,706

$

Contractual Services

8,304,186 2,644,588

8,406,284 4,763,350

8,995,780 2,408,254 1,047,134

10,071,048 2,376,546

Operations Debt Service

598,072

122,731

958,100

960,750

16,447,660

Total Expenses

$ 12,916,466 $ 14,968,648 $ 14,266,461 $ 15,660,602 $

Transfers Out/Capital Outlay

295,595

295,245

2,901,389

1,867,377

1,746,209 18,193,869

Total Expenses

$ 13,212,061 $ 15,263,893 $ 17,167,850 $ 17,527,979 $

(1,442,569) *

Net Gain (Loss)

572,602

(90,281) *

(2,774,556) *

(1,057,564) *

10,244,485

Ending Net Position

$ 13,644,949 $ 13,554,668 $ 10,780,112 $ 11,334,522 $

* 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 2025 Actuals are unaudited.

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