Page 155 - Saginaw FY20 Annual Budget

CITY OF SAGINAW

ENTERPRISE FUND SUMMARY OF
REVENUES AND EXPENDITURES

YEAR-END REVISED ADOPTED
ACTUAL BUDGET BUDGET
2017-2018 2018-2019 2019-2020

REVENUES
Tsf. From W/WW Escrow Fund $ 655,716 $ 155,000 $ 1,086,050
Tsf. From Drainage Utility-Reimb Salaries 42,645 73,955 86,185
Water Sales 5,839,880 5,000,000 4,750,000
Wastewater Service 2,764,580 2,808,000 2,808,000
Water Tap Fees 129,068 100,000 100,000
Wastewater Tap Fees 57,400 40,000 40,000
Wastewater Surcharge 1,830,203 1,650,000 1,500,000
Penalties 109,754 100,000 105,000
Other Income 75,530 75,000 70,000
Developer Contributions - - -
Interest on Investments 113,687 182,000 156,000
Use of Fund Balance - 142,270 2,219,130

TOTAL REVENUES $ 11,618,462 $ 10,326,225 $ 12,920,365

EXPENSES
Salaries & Benefits $ 1,370,611 $ 1,442,250 $ 1,513,200
Operating 540,507 597,315 656,075
Debt Payments 291,347 282,255 281,890
Water Purchase from Fort Worth 2,920,799 3,010,975 2,803,295
Wastewater Service from Fort Worth 3,527,997 3,452,990 2,948,230
Capital Outlay 23,710 151,075 884,550
Water Department Total $ 8,674,971 $ 8,936,860 $ 9,087,240

Transfers $ 621,775 $ 667,510 $ 714,075
W&WW Capital Projects 1,816,367 721,855 3,119,050

TOTAL EXPENSES $ 11,113,113 $ 10,326,225 $ 12,920,365

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