Page 102 - City of Bedford FY20 Approved Budget
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CITY OF BEDFORD
SUMMARY OF REVENUE AND EXPENDITURES
WATER & SEWER FUND
FISCAL YEAR 2019-2020
BASE SUPP. TOTAL
ACTUAL PROJECTED BUDGET FUNDING BUDGET
17-18 18-19 19-20 19-20 19-20
BEGINNING BALANCE* $ (5,393,421) $ 853,688 $ 56,624 $ 56,624
REVENUE
WATER CHARGES $ 13,927,395 $ 13,547,779 $ 13,780,000 $ - $ 13,780,000
SEWER CHARGES 8,107,866 9,072,720 9,060,000 - 9,060,000
INTEREST 13,376 15,947 10,000 - 10,000
OTHER INCOME 3,440,845 623,379 576,823 - 576,823
TOTAL REVENUE $ 25,489,482 $ 23,259,825 $ 23,426,823 $ - $ 23,426,823
EXPENDITURES
RISK MANAGEMENT $ 220,283 $ 171,298 $ 231,172 $ - $ 231,172
ADMIN SERVICES-ACCOUNTING 169,061 170,185 243,966 821 244,787
CUSTOMER SERVICE 637,867 668,352 693,985 12,237 706,222
WATER/SEWER NON-DEPT. 3,177,948 6,371,242 6,780,680 - 6,780,680
WATER SUPPLY & DISTRIB. 8,862,222 9,481,845 9,411,592 11,283 9,422,875
ENGINEERING SERVICES 881,360 1,111,079 1,008,355 - 1,008,355
WASTEWATER 5,293,631 6,082,888 5,337,309 - 5,337,309
TOTAL EXPENDITURES $ 19,242,373 $ 24,056,889 $ 23,707,059 $ 24,341 $ 23,731,400
ENDING BALANCE $ 853,688 $ 56,624 $ (247,953)
*The beginning balance for the Water Sewer Fund are based on Working Capital. Calculations are based on the
information located in the CAFR-City Annual Financial Report.
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