Page 211 - Keller Budget FY21

WATER AND WASTEWATER FUND OVERVIEW

FUND DESCRIPTION:
The Water and Wastewater Fund provides water and wastewater utility services including water delivery, utility line
maintenance, and wastewater treatment and is funded through consumption-based water and wastewater utility fees.

FY 2020-21
FY 2018-19 FY 2019-20 FY 2019-20 Adopted Budget
Actual Budget YE Proj. Budget Variance ($)
REVENUE TOTAL $ 25,348,430 $ 27,733,604 $ 27,111,393 $ 27,601,020 $ (132,584)

OPERATING EXPENDITURES 24,865,338 27,338,452 27,155,586 27,599,670 261,218
ONE-TIME EXPENDITURES - - - - -

EXPENDITURE TOTAL $ 24,865,338 $ 27,338,452 $ 27,155,586 $ 27,599,670 $ 261,218
VARIANCE $ 483,092 $ 395,152 $ (44,193) $ 1,350 $ (393,802)

ASSIGNED
RESERVE FUND BALANCE 4,834,927 5,315,810 5,280,253 6,900,617 1,584,807
UNASSIGNED FUND BALANCE 2,096,891 2,011,160 1,607,372 (11,642) (2,022,802)

FUND BALANCE $ 6,931,818 $ 7,326,970 $ 6,887,625 $ 6,888,975 $ (437,995)

RESERVE AND UNASSIGNED ANALYSIS
% OF OPERATING EXPENDITURES 27.9% 26.8% 25.4% 25.0%
TARGET % LEVEL 19.4% 19.4% 19.4% 19.4%

Water and Wastewater Summary
30,000,000

25,000,000

20,000,000

15,000,000

10,000,000

5,000,000

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FY 2018-19 Actual FY 2019-20 Budget FY 2019-20 FY 2020-21
YE Proj. Adopted Budget
REVENUE TOTAL EXPENDITURE TOTAL FUND BALANCE

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