Page 141 - Haltom City Budget FY21

CITY OF HALTOM CITY aNNUAL BUDGET, FY2021 PROPRIETARY FUNDS

WATER AND SEWER FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 41 FY2019 FY2020 FY2020 FY2021
Cash & Investments, Beginning $5,931,272 $12,732,119 $11,930,557 10,211,363
Revenues:
Water Sales Revenue 11,889,068 12,000,000 12,000,000 12,000,000
Water Service Fees 0 0 291,204 375,000
Water Connection Fees 35,450 10,000 55,000 50,000
Sewer Service Revenue 9,083,375 9,450,010 9,450,010 9,100,000
Sewer Surcharge Revenue 1,727,696 908,000 1,566,629 1,900,000
Sewer Connection Fees 4,100 1,200 10,000 10,000
Lab Service Fees 0 0 40,000 40,000
Penalty Revenue 0 0 85,000 90,000
Billing Fees 64,453 55,200 60,200 65,200
Interest Income 307,391 180,000 260,000 270,000
Miscellaneous 11,631 30,000 77,075 52,000
Total Revenues 23,123,163 22,634,410 23,895,118 23,952,200
Cash & Investments Available 29,054,435 35,366,529 35,825,675 34,163,563
Expenses:
Public Works Administration 691,556 705,138 682,072 671,895
Engineering 373,790 441,656 406,978 475,227
Environmental Services 191,326 292,021 160,018 237,182
WS Construction 363,532 459,116 353,086 414,067
WS Maintenance 413,649 1,513,695 1,485,843 1,480,932
Collection & Distribution 448,864 596,027 533,974 594,287
Purchased Water 4,222,101 5,000,000 5,000,000 5,000,000
Sewer Treatment Fee 2,238,845 2,100,000 2,100,000 2,100,000
Sewer Surcharge Fee 1,655,151 1,600,000 1,600,000 1,600,000
Meter Maintenance 130,402 137,167 146,287 141,492
Utility Billing 1,007,262 985,640 573,516 686,833
Debt Service 443,272 1,946,330 2,088,505 1,902,190
Non-Departmental 4,550,212 5,346,545 4,126,400 4,956,456
Transfer Out: Fund 01 (PILOT) 460,000 460,000 460,000 460,000
Transfer Out: Water Capital Project Fund 1,800,000 7,397,633 7,397,633 7,397,628
Total Expenses 18,989,961 28,980,968 27,114,312 28,118,189
Non-cash adjustments:
Depreciation/Amortization/Others $1,866,083 $1,500,000 $1,500,000 1,500,000
Cash & Investments, Ending $11,930,557 $7,885,561 $10,211,363 7,545,374
Change in Cash Inc/(Dec) $5,999,285 ($4,846,558) ($1,719,194) (2,665,989)
Ending Cash & Investments as a % of
Total Expenses (City Policy is 20%) 63% 27% 38% 27%

Water and Sewer Fund Ending Cash and Investments

$14
$12
$10
Millions $8
$6
$4
$2
$0
Actual 2019 Adopted 2020 Projected 2020 Proposed 2021

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