Page 32 - General Fund Mid Year 19-20.xlsx

Utility Fund Summary
Revenues vs. Expenses

FY 2019-20 FY 2019-20
Budget Estimated Change
BEGINNING

WORKING CAPITAL 3,618,431 4,085,735 467,304 Beginning Working
Capital: Increase
OPERATING REVENUES attributed to greater
Water Revenues 4,045,254 4,113,831 68,577 than anticipated water
Sewer Revenues 2,567,771 2,585,591 17,820 sales during FY 18-19.
Sanitation Revenues 1,992,060 2,079,274 87,214

TOTAL OPERATING REVENUES 8,605,085 8,778,696 173,611
OPERATING EXPENSES

Water Department 1,671,970 1,715,056 43,086
Sewer Department 990,475 990,475 -
Utility Maintenance 1,224,711 1,224,711 -
Utility Billing 283,412 288,412 5,000
Non-Departmental (less Debt Service) 2,200,452 2,283,513 83,061
-
TOTAL OPERATING EXPENSES 6,371,020 6,502,167 131,147

NON-OPERATING REVENUES
(EXPENSES)
Interest and Misc. Revenue 51,000 51,000 -
Debt Service (1,863,177) (1,863,177) -
TOTAL NON-OPERATING
REVENUES (EXPENSES) (1,812,177) (1,812,177) -
NET INCOME 421,888 464,352 42,464

TRANSFERS
General Fund 604,422 604,422 -
Utility Capital Projects - - -

CHANGE IN THE VALUE OF
CURRENT ASSETS/LIABILITIES - - -
ENDING WORKING CAPITAL 3,435,897 3,945,665 509,768