Page 140 - Azle City Budget 2019

Utility Fund Summary
Revenues vs. Expenses

FY 2015-16 FY 2016-17 FY 2017-18 FY 2017-18
Actual Actual Budget Estimated
BEGINNING
WORKING CAPITAL 2,803,948 2,881,984 2,994,309 2,994,309

OPERATING REVENUES

Water Revenues 3,477,627 3,609,550 3,859,918 3,881,918
Sewer Revenues 2,136,659 2,241,460 2,404,508 2,433,308
Sanitation Revenues 1,521,657 1,588,549 1,684,173 1,760,321

TOTAL OPERATING REVENUES 7,135,943 7,439,559 7,948,599 8,075,547
OPERATING EXPENSES

Water Department 1,321,288 1,339,219 1,464,986 1,516,986
Sewer Department 832,312 786,706 899,278 899,278
Utility Maintenance 843,039 948,769 1,119,579 1,119,579
Utility Billing 155,643 207,503 253,980 263,480
Non-Departmental (less Debt Service) 1,653,787 1,750,995 1,866,662 1,939,810
TOTAL OPERATING EXPENSES 4,806,069 5,033,192 5,604,485 5,739,133
NON-OPERATING REVENUES
(EXPENSES)

Interest and Misc. Revenue 13,886 32,353 26,000 39,500
Debt Service (1,631,670) (1,635,546) (1,869,936) (1,869,936)

TOTAL NON-OPERATING
REVENUES (EXPENSES) (1,617,784) (1,603,193) (1,843,936) (1,830,436)
NET INCOME 712,089 803,174 500,178 505,978

TRANSFERS
General Fund 603,689 601,337 548,688 548,688
Utility Capital Projects - 8,919 - 20,200
CHANGE IN THE VALUE OF
CURRENT ASSETS/LIABILITIES (30,364) (80,592)
ENDING WORKING CAPITAL 2,881,984 2,994,309 2,945,799 2,931,399

City of Azle 2018-2019 Budget 128