Page 196 - Microsoft Word - FY 2020 Adopted Budget Document

Enterprise Funds

WATER UTILITIES FUND
FY 2020 Operating Position

Actual Budgeted Estimated Adopted
FY 2018 FY 2019 FY 2019 FY 2020

EXPENDITURES:
Salaries and Benefits $ 15,517,390 $ 16,715,604 $ 14,955,382 $ 16,962,442
O&M Expenditures 14,799,710 14,426,568 13,960,734 18,720,412
Trinity River Authority 34,413,913 39,409,162 39,409,162 40,037,535
Tarrant Regional Water District 22,622,069 25,982,663 21,866,536 25,982,633
Bond Principal 16,602,045 17,590,000 18,271,632 24,622,353
Bond Interest 6,725,756 7,309,018 7,341,548 8,434,452
Bond Handling Fees 191,083 200,000 253,293 128,293
Bond Issuance Costs 693,721 ‐ 2,027,553 671,675
Kennedale Operations ‐ 1,200,000 698,289 1,053,277
Franchise Fees 8,382,029 9,088,266 8,613,787 9,339,011
PILOT 4,203,284 4,309,930 4,309,930 443,583
TOTAL EXPENDITURES $ 124,151,001 $ 136,231,211 $ 131,707,846 $ 146,395,666

TRANSFERS:
General Fund ‐ Indirect Cost $ (4,226,514) $ (4,280,951) $ (4,280,951) $ (4,387,975)
From Storm Water Fund ‐ Indirect Cost 170,122 170,122 170,122 170,122
Debt Service Reserve (2,093,425) (3,150,000) (5,724,749) (1,174,401)
Operating Reserve (705,623) (1,012,413) (1,012,413) ‐
Rate Stabilization Fund (4,995,845) 3,273,003 (400,000) 720,461
Renewal / Rehabilitation Fund (12,415,592) (14,500,000) (9,000,000) (15,500,000)
Renewal / Rehabilitation Reimbursement (101,465) (130,500) (114,300) (221,351)
To Convention Center Improvements (10,000,000) ‐ ‐ ‐
Convention Center Reimbursement ‐ ‐ ‐ 820,000

Fleet Reserve 582,936 ‐ ‐ ‐
TOTAL TRANSFERS $ (33,785,406) $ (19,630,739) $ (20,362,291) $ (19,573,144)

ENDING BALANCE $ ‐ $ 982,298 $ 700,505 $ 322,872

The two largest revenue sources for the Water Utilities Department are the Water Sales and Sewer Charges, $79,635,942 and
$73,057,808 respectively, comprising 92% of the total revenue generated by the department. Water Sales are revenues
generated by customers of the Water Utilities Department for purchase of water and the various fees associated with the
transactions. Sewer Charges are based upon the amount and strength of the wastewater a customer discharges to the sewer
system.

2020 Adopted Budget and Business Plan 183 City of Arlington, Texas