Page 201 - Watauga FY21 Budget

PROPRIETARY FUNDS

STORM DRAIN UTILITY BUDGET SUMMARY
FUND 15

HISTORY PROJECTED YEAR BUDGET %CHANGE
2017-2018 2018-2019 2019-2020 2019-2020 2020-2021 FY2019-20
Actual Actual Budget Projected Budget VS 2018-19

Working Capital, October 1 $3,229,086 $4,696,706 $3,955,479 $5,132,034 $4,206,591
Revenues:
Operating Revenues 1,451,829 1,469,673 1,470,000 1,420,000 1,470,000 0.0%
Interest Income 64,709 135,051 55,000 55,000 35,000 -36.4%
Other Revenue 0 509 0 0 0 0.0%
Total Revenues $ 1,516,538 $ 1,605,233 $ 1,525,000 $ 1,475,000 $ 1,505,000 -1.3%
Total Available Resources $ 4,745,624 $ 6,301,939 $ 5,480,479 $ 6,607,034 $ 5,711,591 4.2%

Expenditures:
Personnel 445,980 466,356 501,300 494,782 465,400 -7.2%
Supplies 27,410 18,819 38,650 28,850 32,150 -16.8%
Maintenance 14,441 14,899 56,500 46,500 54,500 -3.5%
Contractual/Sundry 174,942 174,404 167,880 147,330 184,445 9.9%
Depreciation 358,092 380,696 0 0 0 0.0%
Total Operating Expenditures 1,020,865 1,055,175 764,330 717,462 736,495 -3.6%

Operating Transfers-Out
To General Fund 71,000 72,600 73,500 73,500 73,500 0.0%
To Internal Service Fund 46,000 31,000 0 0 0 0.0%
Total Operating Transfers-Out 117,000 103,600 73,500 73,500 73,500 0.0%

Operating Surplus/(Deficit) $378,673 $446,458 $ 687,170 $ 684,038 695,005
CAPITAL PROJECTS 0 11,130 3,679,518 1,609,481 2,328,697 -36.7%

TOTAL OPERATING & TRNSFRS&CAP $ 1,137,865 $ 1,169,905 $ 4,517,348 $ 2,400,443 $ 3,138,692 -30.5%

Working Capital, September 30 $3,607,759 $5,132,034 $963,131 $4,206,591 $2,572,899
CHANGE IN NET ASSETS $378,673 $435,328 ($2,992,348) ($925,443) ($1,633,692)

* Working Capital adjusted to CAFR first of year

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