Page 63 - Pantego Adopted Budget FY21

TOWN OF PANTEGO
WATER AND SEWER OPERATING FUND (200)
STATEMENT OF REVENUES AND EXPENSES
FOR FY 2020-2021 BUDGET

2019-2020 2020-2021 2018-2019/
2017-2018 2018-2019 ADOPTED Y-T-D 2019-2020 PROPOSED 2019-2020
DESCRIPTION ACTUAL ACTUAL BUDGET 6/30/2020 YE ESTIMATE BUDGET % CHANGE

REVENUES

Sale of Water $ 564,885 $ 603,617 $ 569,605 $ 389,633 $ 582,000 $ 600,000 5.3%

Water Tap Fees 2,600 - 870 2,260 2,260 870 0.0%

Sewer Service Charge Fee 450,882 523,405 561,679 354,077 481,652 $ 500,918 -10.8%
Sewer Tap Fees - - 300 - 300 300 0.0%

Groundwater Conservation Fees 21,834 17,992 29,000 12,025 24,000 26,000 -10.3%

Groundwater Fee Recovery 21,834 17,992 - 3,985 3,985 -

Late Payment Charges 11,861 11,345 12,000 6,578 6,578 6,000 -50.0%
Processing/Turn On Fees 950 - 1,000 - - 1,000 0.0%

Interest Revenue 3,933 7,346 6,500 5,046 5,721 2,700 -58.5%

NSF Check Fees 420 480 375 145 250 375 0.0%

Admin Serv Charge/Sewer Impact 7,400 7,220 7,760 4,280 5,700 7,760 0.0%

Other Revenue 7,321 504 2,000 360 480 1,000 -50.0%

TOTAL REVENUES $ 1,093,920 $ 1,189,901 $ 1,191,089 $ 778,389 $ 1,112,926 $ 1,146,923 -3.7%
OTHER SOURCES
Transfers In $ - $ - $ - $ - NA
Contributed Capital - - - - - - NA
TOTAL OTHER SOURCES $ - $ - $ - $ - $ - $ - NA
TOTAL REVENUES & OTHER SOURCES $ 1,093,920 $ 1,189,901 $ 1,191,089 $ 778,389 $ 1,112,926 $ 1,146,923 -3.7%
EXPENSES

Contractual Agreements $ 334,974 $ 420,748 $ 393,706 $ 259,366 $ 384,022 $ 392,790 -0.2%

Supplies and Maintenance $ 104,071 $ 89,132 $ 163,508 $ 46,881 $ 119,938 $ 170,893 4.5%

Utilities and Gasoline $ 116,395 $ 89,587 $ 123,575 $ 62,897 $ 122,550 $ 122,750 -0.7%

Training / Dues / Misc $ (4,525) $ 1,162 $ 8,165 $ 1,739 $ 4,380 $ 8,165 0.0%
Capital $ 136 $ - $ - $ - $ - $ 16,425

TOTAL EXPENSES $ 551,051 $ 600,629 $ 688,954 $ 370,883 $ 630,890 $ 711,023 3.2%

OTHER USES
Transfers Out- to General Fund $ 410,257 $ 410,731 $ 413,940 $ 310,455 $ 413,940 $ 421,708 1.9%

Capital Contributions - - - - - - NA
Transfers Out- to W/S Construction - - - - - - NA
TOTAL OTHER USES $ 410,257 $ 410,731 $ 413,940 $ 310,455 $ 413,940 $ 421,708 1.9%

TOTAL EXPENSES OTHER USES $ 961,308 $ 1,011,360 $ 1,102,894 $ 681,338 $ 1,044,830 $ 1,132,731 2.7%