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FISCAL YEAR 2018-2019
SCHEDULE 16 - SUMMARY OF REVENUES AND EXPENDITURES

UTILITY FUND

ADOPTED REVISED ADOPTED
ACTUAL ACTUAL BUDGET BUDGET BUDGET
FY 2015/16 FY 2016/17 FY 2017/18 FY 2017/18 FY 2018/19
REVENUES

WATER SALES AND CHARGES
Water Sales $18,407,760 $19,093,425 $21,440,826 $21,440,826 $22,563,509
Water Prior Year Settle-up $243,852 $315,360 $0 $1,108,469 $0
Water Taps 52,000 41,715 34,515 34,515 34,515
Water Inspection Fees 28,613 52,121 24,882 24,882 24,882
SUB-TOTAL $18,732,225 $19,502,621 $21,500,223 $22,608,692 $22,622,906

SEWER SALES AND CHARGES
Sewer Sales $9,951,156 $10,611,314 $11,259,548 $11,259,548 $11,469,477
Sewer Prior Year Settle-Up $9,340 $0 $0 $608,287 $0
Sewer Taps 14,350 12,800 10,600 10,600 10,600
Sewer Inspection Fees 20,943 43,071 24,000 25,673 24,000
SUB-TOTAL $9,995,788 $10,667,185 $11,294,148 $11,904,108 $11,504,077
MISCELLANEOUS
Interest Income $95,997 $89,926 $78,309 $103,500 $103,500
Service Charges 155,166 152,581 153,200 149,300 153,500
Late Charges 417,162 410,157 420,000 420,000 420,000
Miscellaneous 59,232 163,651 51,634 53,200 36,034
Joint Use Reimbursement - Watauga 111,265 112,583 104,048 60,000 60,000
Subdivision Meter Revenue 61,903 58,365 49,332 56,193 56,193
Bond Refunding Proceeds 792,06 3 0 0 0 0
Interfund Loan Repayments 3,310,867 48,00 3 0 0 0
SUB-TOTAL $5,003,654 $1,035,266 $856,523 $842,193 $829,227

APPROPRIATION OF FUND BALANCE
Prior Year Encumbrances $43,824 $385,280 $0 $89,843 $0
Appropriation of Fund Balance 2,882,572 1,923,100 685,883 685,883 408,249
SUB-TOTAL $2,926,396 $2,308,380 $685,883 $775,726 $408,249

TOTAL REVENUES $36,658,064 $33,513,452 $34,336,777 $36,130,719 $35,364,459

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