Page 150 - Saginaw FY21 Annual Budget

CITY OF SAGINAW
ENTERPRISE FUND SUMMARY OF

REVENUES AND EXPENDITURES

YEAR-END REVISED ADOPTED
ACTUAL BUDGET BUDGET
2018-2019 2019-2020 2020-2021

REVENUES
Tsf. From W/WW Escrow Fund $ 95,396 $ 140,000 $ 1,737,500
Tsf. From Drainage Utility-Reimb Salaries 73,955 86,185 91,130
Water Sales 5,613,272 5,412,990 4,868,750
Wastewater Service 2,992,165 3,015,620 2,668,600
Water Tap Fees 108,295 84,000 35,000
Wastewater Tap Fees 48,875 40,000 15,000
Wastewater Surcharge 1,722,029 1,665,000 1,500,000
Penalties 106,370 80,000 105,000
Other Income 83,214 55,730 60,000
Developer Contributions - - -
Interest on Investments 193,246 79,000 24,000
Use of Fund Balance - 2,266,465 211,305

TOTAL REVENUES $ 11,036,817 $ 12,924,990 $ 11,316,285

EXPENSES
Salaries & Benefits $ 1,371,087 $ 1,533,200 $ 1,551,700
Operating 513,917 585,575 681,410
Debt Payments 286,936 281,890 236,425
Water Purchase from Fort Worth 2,867,283 2,905,295 2,868,615
Wastewater Service from Fort Worth 3,439,423 3,443,230 2,710,015
Capital Outlay 112,921 884,550 787,850
Water Department Total $ 8,591,568 $ 9,633,740 $ 8,836,015

Transfers $ 667,510 $ 714,075 $ 742,770
W&WW Capital Projects 368,646 2,577,175 1,737,500

TOTAL EXPENSES $ 9,627,724 $ 12,924,990 $ 11,316,285

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