Page 102 - City of Bedford FY21 Budget

CITY OF BEDFORD
SUMMARY OF REVENUE AND EXPENDITURES
WATER & SEWER FUND
FISCAL YEAR 2020-2021

BASE SUPP. TOTAL
ACTUAL PROJECTED BUDGET FUNDING BUDGET
18-19 19-20 20-21 20-21 20-21

BEGINNING BALANCE* $ (961,971) $ 1,336,359 $ 2,937,147 $ 2,937,147
REVENUE

WATER CHARGES $ 13,239,907 $ 14,043,888 $ 14,864,242 $ - $ 14,864,242
SEWER CHARGES 8,599,831 8,572,951 9,516,245 - 9,516,245
INTEREST 19,215 5,587 8,000 - 8,000
OTHER INCOME 625,846 1,937,733 590,823 - 590,823

TOTAL REVENUE $ 22,484,800 $ 24,560,159 $ 24,979,310 $ - $ 24,979,310

EXPENDITURES

RISK MANAGEMENT $ 169,542 $ 163,064 $ - $ - $ -
ADMIN SERVICES-ACCOUNTING 167,069 161,155 - - -

CUSTOMER SERVICE 674,162 640,274 631,134 19,564 650,698
WATER/SEWER NON-DEPT. 3,116,421 6,781,912 6,863,354 - 6,863,354
WATER SUPPLY & DISTRIB. 9,430,553 9,121,832 10,102,796 40,557 10,143,353
PUBLIC WORKS-ADMINISTRATION - - 623,179 23,648 646,827

ENGINEERING SERVICES 888,108 1,070,873 500,781 25,555 526,336
WASTEWATER 5,740,615 5,020,261 5,976,343 20,157 5,996,500
TOTAL EXPENDITURES $ 20,186,470 $ 22,959,371 $ 24,697,587 $ 129,481 $ 24,827,068

ENDING BALANCE $ 1,336,359 $ 2,937,147 $ 3,089,389

*The beginning balance for the Water Sewer Fund are based on Working Capital. Calculations are based on the information located in the
CAFR-City Annual Financial Report.

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