Page 64 - City of Watauga FY22 Adopted Budget

Water and Wastewater Fund
Executive Summary

Base Year Year 2 Year 3 Year 4 Year 5
Budget Projected Projected Projected Projected
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026
REVENUES
Total Revenue W&S 9,279,898 9,698,845 9,889,922 10,217,272 10,372,354
Proposed Revenue Increase to cover expenses 5% 2% 3% 2%
EXPENSES
Departmental Expenditures 6,837,880 6,916,421 7,203,287 7,383,796 7,441,190
Salary Package 55,000 56,650 58,350 60,100 61,903
Transfers 60,000 60,000 60,000 60,000 60,000
G&A/Franchise Fee 430,000 440,000 494,244 510,609 518,360
Debt Service 1,760,000 2,060,000 1,997,538 2,003,366 2,276,357
Non-Department - One Time - - - - -
Total Expenses 9,142,880 9,533,071 9,813,418 10,017,871 10,357,810

Proposed Supplemental $ - $ - $ - $ - $ -
Proposed Capital $ 80,000 $ 89,000 $ - $ 50,000 $ 50,000

STAFFING VARIABLE
Full-time Positions 21.75 23.75 23.75 23.75 23.75
Part-time Positions 0.00 0.00 0.00 0.00 0.00

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