Page 90 - Forest Hill FY22 Annual Budget

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ANNUAL APPROPRIATED FUNDS-CONSOLIDATED FUNDS SUMMARY
(MODIFIED ACCRUAL BASIS)

Actual FY Estimate FY Adopted
2019-2020 2020-2021 2021-2022

Revenues
Charges for Services
Water sales 2,524,611 2,500,000 2,600,000
Sewer sales 2,429,729 2,600,000 2,600,000
Sanitation sales 623,612 650,000 700,000
Drainage sales 301,335 250,000 250,000
Franchise 182,727 130,000 100,000
Late Charges 71,434 100,000 100,000
Miscellaneous 68,282 59,500 59,500
Tap Fees 67,908 92,500 92,500
Interest 57,975 55,000 52,000
Sub Total Revenue 6,327,614 6,437,000 6,554,000

Appropriations:
Personnel 978,331 1,220,700 1,297,300
Materials/ minor equipment/ supplies 127,144 325,700 297,500
Contractual Services 3,035,167 3,780,600 3,775,500
Miscellaneous Uses 576 4,500 4,000
Capital Outlay 567,861 508,000 503,000
Debt service payment 5,579 146,550 147,050
Sub-Total Appropriations $ 4,714,659 $ 5,986,050 $ 6,024,350
Other Financing Sources/ Uses:
Interfund transfers in
Interfund transfers out $ 605,000 $ 605,000 $ 605,000
Subtotal Other Financing Sources $ 605,000 $ 605,000 $ 605,000
Total Appropriation: $ 5,319,659 $ 6,591,050 $ 6,629,350

Net Increase (Decrease) in Fund Balance $ 1,007,955 $ (154,050) $ (75,350)

Beginning Budgetary Fund Balance $ 9,846,343 $ 10,854,298 $ 10,700,248
Ending Budgetary Fund Balance $ 10,854,298 $ 10,700,248 $ 10,624,898

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