Page 202 - FY 2020-21 Budget Cover.pub

CITY OF AZLE
WATER AND SEWER CAPITAL PROJECTS FUND
The Water and Sewer Capital Projects Fund is used to account for the acquisition of and construction of major
capital facilities and equipment used for the operation and maintenance of the City's water and sewer system.
These projects are financed primarily with proceeds from revenue bonds and certificates of obligation.
The fund is accounted for on the accrual basis of accounting. Revenues are recorded when measurable and
earned and expenses are recognized when a good or service is used.

Water and Sewer Capital Projects Fund Summary
Proposed CM Rec'd Approved
2020-21 2020-21 2020-21
Funding Resources
Unrestricted Funding (UR)
Prior Year Bond and C.O. Funds 92,500 92,500 92,500
2017 SWIFT Fund Bond Issuance Proceeds 347,400 347,400 347,400
Transfer from Utility Fund - - -
Interest Earnings 200 200 200
Restricted Funding
Impact Fees - Water (IF-W) 840,000 840,000 840,000
Impact Fees - Sewer (IF-S) 1,390,000 1,390,000 1,390,000
Total Resources 2,670,100 2,670,100 2,670,100
Less: Fund Expenses

Emergency Process Generator and Onshore UR 435,000 435,000 435,000
Pump Intake Station

Total Fund Expenditures
Unrestricted Funding 435,000 435,000 435,000
Impact Fees - Sewer - - -
Impact Fees - Water - - -
Total 435,000 435,000 435,000
Ending Balance
Unrestricted Funding 5,100 5,100 5,100
Impact Fees - Sewer 1,390,000 1,390,000 1,390,000
Impact Fees - Water 840,000 840,000 840,000
Total 2,235,100 2,235,100 2,235,100

City of Azle 2020-2021 Budget 191