Page 73 - Pantego Adopted Budget FY20

TOWN OF PANTEGO - ENTERPRISE FUND
WATER INFRASTRUCTURE FUND (750)
STATEMENT OF REVENUES AND EXPENSES

2018-2019 2018-2019 2019-2020
2016-2017 2017-2018 ADOPTED Y-T-D 2018-2019 PROPOSED
DESCRIPTION ACTUAL ACTUAL BUDGET 6/30/2019 YE ESTIMATE BUDGET

ESTIMATED BEGINNING NET POSITION $ 459,052 $ 640,524 $ 383,786 $ 383,786 $ 383,786 $ 241,035
REVENUES
104.00 Infrastructure Fees $ 291,497 $ 317,240 $ 323,300 $ 235,540 $ 315,000 $ 315,000
415.01 Penalties 3,426 3,882 4,000 2,577 3,500 3,400
901.00 Interest Revenue 4,252 9,215 7,300 6,284 8,000 8,000
TOTAL REVENUES $ 299,175 $ 330,337 $ 334,600 $ 244,401 $ 326,500 $ 326,400

EXPENSES
Capital Outlay
476.00 Valves/Hydrants/Extensions $ 13,025 $ - $ - $ 50,000
477.10 Wagon Wheel Water Line - - - -
477.40 Well Maintenance Program 96,579 - -
477.50 303 Pump Station - - - -
477.60 N Pioneer Pkwy Water Main - - - -
477.70 Emergency Interconnect - 34,850 117,300 3,220 115,000
480.00 Asset Purchases - - - -
750.10 Lane Well Investigation
750.20 Pioneer Pkwy Water Line - - - -
750.30 Well Monitoring Program 8,100 - -
750.40 Nora Paluxy Well Rehab -
750.41 Lane Paluxy Well Rehab 37,130 37,130
750.42 Pipe Bursting Engineering 20,060 2,440 - 1,000
750.43 Pipe Bursting Construction 69,513 213,387
750.44 Lane Trinity Well #4 243,638
750.45 303 Well Repair 52,207 52,207
750.46 West Stolper Well #2
750.50 Automatic Meter Reading 288,805 25,748 23,376 23,376 -
750.60 Lift Station Emergency Repair 27,150 27,150
750.90 Park Row Water Line - - - -
TOTAL EXPENSES $ 117,704 $ 587,353 $ 145,488 $ 212,597 $ 469,251 $ 50,000
OTHER USES
Transfers Out $ - $ - $ - $ - $ - $ -

TOTAL EXPENDITURES AND OTHER USES $ 117,704 $ 587,353 $ 145,488 $ 212,597 $ 469,251 $ 50,000

ESTIMATED CHANGE IN NET POSITION $ 181,471 $ (257,016) $ 189,112 $ 31,805 $ (142,751) $ 276,400

Cummulative Audit Adjustments 279
ESTIMATED ENDING NET POSITION $ 640,524 $ 383,786 $ 572,898 $ 415,591 $ 241,035 $ 517,435