Page 252 - City of Watauga FY22 Adopted Budget

PROPRIETARY FUNDS

STORM DRAIN UTILITY BUDGET SUMMARY
FUND 15

HISTORY PROJECTED YEAR BUDGET ESTIMATE
2019-2020 2020-2021 2020-2021 2021-2022 2022-2023
Actual Budget Projected Budget Forecast

Working Capital, October 1* $4,632,841 $4,206,591 $3,322,231 $3,005,197 $786,211
Revenues:
Operating Revenues 1,475,089 1,470,000 1,475,000 1,480,000 1,480,000
Interest Income 69,058 35,000 5,000 2,000 2,000
Other Revenue/Grant 0 0 65,750 0 0
Total Revenues $ 1,544,147 $ 1,505,000 $ 1,545,750 $ 1,482,000 $ 1,482,000

Total Available Resources $ 6,176,988 $ 5,711,591 $ 4,867,981 $ 4,487,197 $ 2,268,211
Expenditures:
Personnel 521,139 465,400 414,100 444,300 444,975
Supplies 15,524 32,150 29,700 30,200 44,900
Maintenance 16,396 54,500 41,500 36,500 36,500
Contractual/Sundry 164,038 184,445 171,965 179,375 189,645
Depreciation (non-exp) 382,179 0 0 0 0
Total Operating Expenditures 750,553 736,495 657,265 690,375 716,020

Operating Transfers-Out
To General Fund 73,500 73,500 73,500 73,500 74,000
To Internal Service Fund - 0 0 0 0
Total Operating Transfers-Out 73,500 73,500 73,500 73,500 74,000

Operating Surplus/(Deficit) $720,094 $ 695,005 $ 814,985 718,125 691,980
CAPITAL PROJECTS 2,324,729 2,328,697 1,132,019 2,937,111 206,160
+
TOTAL OPERATING & TRNSFRS&CAP $ 3,148,782 $ 3,138,692 $ 1,862,784 $ 3,700,986 $ 996,180

Working Capital, September 30 $3,028,205 $2,572,899 $3,005,197 $786,211 $1,272,031

CHANGE IN NET ASSETS ($1,604,636) ($1,633,692) ($317,034) ($2,218,986) $485,820

* Working Capital adjusted to CAFR first of year

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