Page 230 - Microsoft Word - FY 2022 Adopted Budget Document

Enterprise Funds Return to Table of Contents
Return to Table of Contents

WATER UTILITIES FUND
FY 2022 Operating Position

Actual Budgeted Estimated Adopted
FY 2020 FY 2021 FY 2021 FY 2022

TRANSFERS:
General Fund ‐ Indirect Cost $ (4,387,975) $ (4,387,975) $ (4,518,625) $ (4,427,528)
From Storm Water Fund ‐ Indirect Cost 170,122 170,122 170,122 170,122
To Debt Service Fund ‐ TMRS Reimbursement ‐ (904,051) (904,051) (904,051)
Debt Service Reserve ‐ (781,718) (978,812) ‐
Operating Reserve ‐ (320,427) (320,427) ‐
Rate Stabilization Fund 720,461 720,461 1,500,000 2,575,000
Renewal / Rehabilitation Fund (16,800,000) (17,500,000) (24,300,000) (18,989,843)
Renewal / Rehabilitation Reimbursement (350,112) (227,556) (286,342) (227,556)
To Innovation / Venture Capital Fund (11,000,000) ‐ ‐ ‐
TOTAL TRANSFERS $ (31,647,504) $ (23,231,143) $ (29,638,135) $ (21,803,856)

TOTAL AVAILABLE FUNDS $ 136,750,838 $ 144,485,699 $ 141,803,903 $ 148,605,389

EXPENDITURES:
Salaries and Benefits $ 15,110,676 $ 15,849,215 $ 14,560,406 $ 17,268,393
O&M Expenditures 12,941,714 14,805,675 14,507,383 15,175,879
Trinity River Authority 38,668,639 42,028,655 40,701,836 42,028,655
Tarrant Regional Water District 20,413,775 25,982,663 22,020,315 25,982,663
Bond Principal 25,065,529 22,365,000 26,949,295 23,520,000
Bond Interest 8,122,565 7,447,557 6,599,133 8,431,866
Bond Handling Fees 57,365 105,000 65,000 120,000
Bond Issuance Costs 238,673 450,025 300,000 450,025
Kennedale Operations 2,121,805 1,119,792 1,706,037 1,147,833
Franchise Fees 9,506,314 9,616,295 9,807,678 9,781,045
PILOT 4,433,583 4,524,780 4,524,780 4,628,850
TOTAL EXPENDITURES $ 136,680,637 $ 144,294,657 $ 141,741,863 $ 148,535,209

ENDING BALANCE $ 70,200 $ 191,042 $ 62,040 $ 70,180

The two largest revenue sources for the Water Utilities Department are the Water Sales and Sewer Charges, $83,498,442 and
$76,920,308 respectively, comprising 94% of the total revenue generated by the department. Water Sales are revenues
generated by customers of the Water Utilities Department for purchase of water and the various fees associated with the
transactions. Sewer Charges are based upon the amount and strength of the wastewater a customer discharges to the sewer
system.

FY 2022 Adopted Budget and Business Plan 219 City of Arlington, Texas