Page 93 - Forest Hill FY22 Annual Budget

Fore�Hill

WATER AND SEWER/ NON-DEPARTMENT

FUND/ DEPARTMENT/ PROGRAM: 60-99-99

Program Description
I

This program provides non-departmental specific services supporting the Water and Sewer Utility Fund's
operations including principal and interest payments for utility system supported long-term debt, utility system
capital repairs and replacements, and inter-fund transfers.

Major Goals and Objectives Measured by Workload & Productivity Measures

Goal I: Maintain or improve City's bond rating for utility supported debt by making debt service payments
when due.

Goal 2: Provide adequate maintenance and repairs of utility system infrastructure by providing adequate
funding for utility system maintenance and repairs.

Actual Budget Estimate Adopted
2019-20 2019-20 2020-21 2021-22
WORKLOAD MEASURE
Number of Debt Service Payments 2 2 2 2
Number of Monthly Inter-Fund Transfers 12 12 12 12
PRODUCTIVITY MEASURES
% of Debt Service Payments on Time I 00% 100% 100% 100%
EXPENDITURE SUMMARY
Personnel 96 500 1,000
Equipment Lease and Depreciation 3,000
Other Services 186,958 143,830 169,550 147,050
Inter-Fund Transfer Out/ In 500,000 458,333 500,000 500,000
Total 686,958 602,259 670,050 651,050

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