Page 65 - Hurst Budget FY21

CITY OF HURST
MULTI-YEAR FINANCIAL PLAN
ENTERPRISE FUND
REVENUES, EXPENDITURES & WORKING CAPITAL
August 25, 2020

ESTIMATED APPROVED
ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL BUDGET BUDGET BUDGET MYFP MYFP MYFP MYFP
2014-15 2015-16 2016-17 2017-18 2018-19 2019-2020 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25

REVENUES
Water Sales 12,102,172 12,313,146 13,102,863 14,563,362 12,695,551 13,221,382 13,251,293 13,959,304 14,378,083 14,809,426 15,253,708 15,711,320
Sewer Charges 6,405,513 6,655,896 6,981,345 7,343,717 6,994,030 7,469,519 7,522,518 7,639,186 7,868,362 8,104,412 8,347,545 8,597,971
Other Cities Wastewater 551,327 622,588 615,365 732,536 725,046 669,703 621,573 669,703 560,000 565,000 570,000 575,000
Penalties 365,172 295,937 374,727 358,535 321,182 378,000 225,000 378,000 400,000 400,000 400,000 400,000
Indirect Cost - PEG Fee 31,954 31,954 31,954 0 0 0 0 0 0 0 0 0
Interest Earnings 80,752 96,486 150,772 149,859 398,546 200,000 184,296 13,000 80,000 85,000 90,000 90,000
Operating Transfer In 0 0 0 0 760,000 0 67,854 0 80,000 85,000 90,000 90,000
Other 111,607 53,426 52,861 57,754 61,226 55,000 54,680 55,000 25,000 25,000 25,000 25,000
TOTAL REVENUES $19,648,497 $20,069,433 $21,309,887 $23,205,763 $21,955,581 $21,993,604 $21,927,214 $22,714,193 $23,391,445 $24,073,838 $24,776,253 $25,489,291

EXPENSES
TOTAL OPERATING $18,998,438 $19,417,459 $19,222,543 $20,169,885 $21,247,086 $21,338,248 $20,329,163 $20,987,524 $21,617,150 $22,265,664 $22,933,634 $23,621,643
Current Debt Service $1,895,970 $1,981,716 $2,010,841 $1,760,407 $1,760,407 $1,643,810 $1,532,817 $1,415,731 $1,532,817 $1,415,731 $1,237,338 $1,115,166
Depreciation Projects $509,514 $1,319,258 $1,055,916 $336,212 $336,212 $196,066 $1,409,520 $1,200,000 $0 $0 $0 $0
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TOTAL EXPENSES * $21,403,922 $22,718,433 $22,289,300 $22,266,504 $23,343,705 $23,178,124 $23,271,500 $23,603,255 $23,149,967 $23,681,395 $24,170,972 $24,736,809
Less Depreciation $1,540,496 $1,573,083 $1,669,389 $1,638,453 $1,638,453 $1,642,365 $1,706,601 $1,714,833 $1,737,833 $1,769,083 $1,744,083 $1,784,083

NET EXPENSES $19,863,426 $21,145,350 $20,619,911 $20,628,051 $21,705,252 $21,535,759 $21,564,899 $21,888,422 $21,412,134 $21,912,312 $22,426,889 $22,952,726