Page 187 - 2019 Budget Detail.xlsx
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DRAINAGE UTILITY FUND
STATEMENT OF REVENUES AND EXPENSES
SUMMARY
2016 2017 2018 2019
Description Actual Actual Adopted Proposed %Change
BEGINNING NET POSITION $ 3,856,104 $ 2,600,956 $ 3,045,135 $ 3,045,135
REVENUES:
DRAINAGE REVENUE $ 1,516,072 $ 1,013,209 $ 997,106 $ 1,029,950 3.3%
Operating revenue 1,516,072 1,013,209 997,106 1,029,950 3.3%
2010 COB Debt Service 198,099 130,464 200,294 197,279 -1.5%
2015 COB Debt Service 85,518 15,000 83,552 82,016 -1.8%
CAPITAL PROJECTS - 284,297 - - NA
Other revenue 283,617 429,761 283,846 279,295 -1.6%
TOTAL REVENUE $ 1,799,689 $ 1,442,969 $ 1,280,952 $ 1,309,245 2.2%
EXPENSES:
DRAINAGE UTILITY $ 2,169,984 $ 821,655 $ 1,023,262 $ 808,079 -21.0%
Operating expenses 2,169,984 821,655 1,023,262 808,079 -21.0%
2010 COB Debt Service 197,476 140,700 197,278 197,279 0.0%
2015 COB Debt Service 87,854 12,352 83,552 82,016 -1.8%
CAPITAL PROJECTS 599,523 24,083 - - NA
Other expenses 884,853 177,136 280,830 279,295 -0.5%
TOTAL EXPENSES $ 3,054,837 $ 998,790 $ 1,304,092 $ 1,087,374 -16.6%
Increase / (Decrease) in Net Position $ (1,255,148) $ 444,179 $ (23,140) $ 221,871
ENDING NET POSITION $ 2,600,956 $ 3,045,135 $ 3,021,995 $ 3,267,006
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