Page 200 - Grapevine FY20 Approved Budget

FY 2019-20 APPROVED OPERATING BUDGET
STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
STORMWATER DRAINAGE UTILITY FUND

2016-17 2017-18 2018-19 2018-19 2019-20
Actual Actual Budget Estimate Approved

BEGINNING FUND BALANCE: 1,261,208 1,552,470 1,860,975 1,860,975 2,188,526

OPERATING REVENUE:
Drainage Utility Fees 1,422,563 1,435,920 1,431,500 1,573,027 1,440,000
Interest Income 9,301 21,420 9,500 22,752 22,500
Interest Income - 2000 C.O. 3,386 5,899 3,000 8,017 7,500
Miscellaneous (569) (567) 0 0 0
Total Operating Revenue 1,434,681 1,462,672 1,444,000 1,603,797 1,470,000

TRANSFERS IN: 0 0 0 0 0

TOTAL REVENUE AND TRANSFERS 1,434,681 1,462,672 1,444,000 1,603,797 1,470,000

OPERATING EXPENDITURES:
Personnel 492,963 533,061 549,651 487,809 559,846
Supplies 15,648 19,676 29,700 21,894 29,700
Maintenance 89,951 115,988 125,000 138,868 125,000
Services 257,579 313,124 234,655 176,853 204,525
Insurance 0 0 162,006 159,824 162,060
Capital Outlay 30,151 62,911 210,000 202,556 210,000
Total Operating Expenditures 886,292 1,044,760 1,311,012 1,187,804 1,291,131

TRANSFERS OUT:
Transfer to General Fund - Admin Fee 112,127 109,407 108,300 88,442 112,000
Transfer to Equipment Acquisition Fund 145,000 0 0 0
Total Transfers Out 257,127 109,407 108,300 88,442 112,000

TOTAL EXPENDITURES AND TRANSFERS 1,143,420 1,154,167 1,419,312 1,276,246 1,403,131

SURPLUS / (DEFICIT) 291,262 308,505 24,688 327,551 66,869

ENDING FUND BALANCE: 1,552,470 1,860,975 1,885,663 2,188,526 2,255,395

FUND BALANCE REQUIREMENT: 145,692 171,741 215,509 195,255 212,241

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