Page 87 - Pantego FY22 Operating Budget

TOWN OF PANTEGO - ENTERPRISE FUND
WATER INFRASTRUCTURE FUND (750)
STATEMENT OF REVENUES AND EXPENSES
FOR FY 2021/2022 BUDGET

2020‐2021 2020‐2021 2021‐2022
2018‐2019 2019‐2020 ADOPTED Y-T-D 2020‐2021 PROPOSED
DESCRIPTION ACTUAL ACTUAL BUDGET 6/30/2021 YE ESTIMATE BUDGET
ESTIMATED BEGINNING NET POSITION $ 383,786 $ 417,468 $ 521,436 $ 521,436 $ 521,436 $ 632,796

REVENUES
104.00 Infrastructure Fees $ 341,438 $ 316,838 $ 315,000 $ 236,536 $ 315,000 $ 315,000

415.01 Penalties 3,519 2,428 3,500 3,093 3,500 3,500
901.00 Interest Revenue 8,319 4,539 2,643 440 500 575
TOTAL REVENUES $ 353,276 $ 323,805 $ 321,143 $ 240,068 $ 319,000 $ 319,075

EXPENSES
Capital Outlay
476.00 Valves/Hydrants/Extensions $ - $ - $ 50,000 $ 32,725 $ 50,000

477.10 Wagon Wheel Water Line - - - -
477.40 Well Maintenance Program - - -
477.50 303 Pump Station Cossover - - - - 250,000
477.60 N Pioneer Pkwy Water Main - - - -
477.70 Emergency Interconnect 4,421 178,333 207 207
477.80 Transition Study 15,263 25,438 -
480.00 Asset Purchases - - - -

477.90 2020 Water Rate Study 16,068 26,000 8,471 15,000 11,000
477.95 SB 3 Emer. Prep Plan 13,500
750.30 Well Monitoring Program -
750.41 Lane Paluxy Well Rehab 37,130 -
750.42 Pipe Bursting Engineering 740 - -
750.43 Pipe Bursting Construction 159,307 -
750.45 303 Well Repair 52,207
750.47 Chloramine Transition Study 25,000
750.50 Automatic Meter Reading 23,376 - -
750.60 Lift Station Emergency Repair 27,150
750.90 Park Row Water Line - -
TOTAL EXPENSES $ 319,594 $ 219,838 $ 76,000 $ 41,404 $ 65,207 $ 299,500

OTHER USES
Transfers Out $ - $ - $ 142,433 $ 106,825 $ 142,433 $ -

TOTAL EXPENDITURES AND OTHER USES $ 319,594 $ 219,838 $ 218,433 $ 148,229 $ 207,640 $ 299,500

ESTIMATED CHANGE IN NET POSITION $ 33,682 $ 103,967 $ 102,710 $ 91,840 $ 111,360 $ 19,575

Cummulative Audit Adjustments
ESTIMATED ENDING NET POSITION $ 417,468 $ 521,436 $ 624,146 $ 613,276 $ 632,796 $ 652,371

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