Page 62 - Pantego Adopted Budget FY20

TOWN OF PANTEGO
WATER AND SEWER OPERATING FUND (200)
STATEMENT OF REVENUES AND EXPENSES
FOR FY 2019-2020 BUDGET
2018-2019 2019-2020 2018-2019/
2016-2017 2017-2018 ADOPTED Y-T-D 2018-2019 PROPOSED 2019-2020
DESCRIPTION ACTUAL ACTUAL BUDGET 6/30/2019 YE ESTIMATE BUDGET % CHANGE

REVENUES
Sale of Water $ 459,232 $ 564,885 $ 575,897 $ 342,498 $ 534,472 $ 569,605 -1.1%

Water Tap Fees 975 2,600 500 - - 870 74.0%

Sewer Service Charge Fee 379,583 450,882 480,557 342,270 467,702 $ 561,679 16.9%
Sewer Tap Fees - - 250 - - 300 20.0%
Groundwater Conservation Fees 19,058 21,834 24,560 10,348 21,378 25,000 1.8%

Groundwater Fee Recovery 19,058 21,834 24,560 10,348 21,378 4,000 -83.7%

Late Payment Charges 9,829 11,861 15,000 8,288 11,050 12,000 -20.0%

Processing/Turn On Fees 266 950 1,000 - - 1,000 0.0%

Interest Revenue 2,461 3,933 2,500 5,202 6,935 6,500 160.0%

NSF Check Fees 480 420 300 390 520 375 25.0%

Admin Serv Charge/Sewer Impact 8,640 7,400 7,000 5,840 7,785 7,760 10.9%

Other Revenue 621 7,321 2,000 459 612 2,000 0.0%
TOTAL REVENUES $ 900,203 $ 1,093,920 $ 1,134,124 $ 725,642 $ 1,071,832 $ 1,191,089 5.0%
OTHER SOURCES
Transfers In $ - $ - $ - $ - NA
Contributed Capital - - - - - - NA
TOTAL OTHER SOURCES $ - $ - $ - $ - $ - $ - NA
TOTAL REVENUES & OTHER SOURCES $ 900,203 $ 1,093,920 $ 1,134,124 $ 725,642 $ 1,071,832 $ 1,191,089 5.0%

EXPENSES

Contractual Agreements $ 390,025 $ 334,974 $ 392,318 $ 273,491 $ 378,813 $ 393,706 0.4%

Supplies and Maintenance $ 113,875 $ 104,071 $ 163,355 $ 65,968 $ 167,911 $ 163,508 0.1%

Utilities and Gasoline $ 137,825 $ 116,395 $ 123,125 $ 61,548 $ 120,830 $ 123,575 0.4%

Training / Dues / Misc $ 5,278 $ (4,525) $ 8,165 $ 1,025 $ 5,250 $ 8,165 0.0%

Capital $ 63,184 $ 136 $ - $ - $ - $ -

TOTAL EXPENSES $ 710,187 $ 551,051 $ 686,963 $ 402,032 $ 672,804 $ 688,954 0.3%

OTHER USES

Transfers Out- to General Fund $ 436,037 $ 410,257 $ 410,731 $ 308,048 $ 410,731 $ 413,940 0.8%
Capital Contributions - - - - - - NA
Transfers Out- to W/S Construction - - - - - - NA

TOTAL OTHER USES $ 436,037 $ 410,257 $ 410,731 $ 308,048 $ 410,731 $ 413,940 0.8%

TOTAL EXPENSES OTHER USES $ 1,146,224 $ 961,308 $ 1,097,694 $ 710,081 $ 1,083,535 $ 1,102,894 0.5%