Page 137 - CITY OF AZLE, TEXAS

City of Azle
Utility Fund Summary
Revenues vs. Expenses

FY 2019-20 FY 2020-21 FY 2021-22 FY 2021-22
Actual Actual Budget Estimated
BEGINNING
WORKING CAPITAL 4,085,734 3,852,325 4,096,025 4,096,025

OPERATING REVENUES

Water Revenues 4,323,220 4,293,731 4,375,909 4,678,249
Wastewater Revenues 2,569,022 2,656,281 2,729,119 2,801,636
Sanitation Revenues 2,097,257 2,206,463 2,223,900 2,270,730

TOTAL OPERATING REVENUES 8,989,499 9,156,474 9,328,928 9,750,615

TRANSFERS FROM OTHER FUNDS - - 90,000 90,000

OPERATING EXPENSES
Water Department 1,585,227 1,615,920 1,739,352 1,921,773
Wastewater Department 969,828 1,147,909 1,090,643 1,218,157
Utility Maintenance 1,112,602 1,079,409 1,351,511 1,371,267
Utility Administration - - - -
Utility Billing 289,923 313,889 322,500 367,075
Non-Departmental (less Debt Service) 2,274,015 2,413,100 2,490,397 2,547,889
TOTAL OPERATING EXPENSES 6,231,593 6,570,227 6,994,403 7,426,161

NON-OPERATING REVENUES
(EXPENSES)
Interest and Misc. Revenue 81,481 40,865 20,500 66,514
Debt Service (1,963,867) (1,651,327) (1,660,765) (1,660,765)
TOTAL NON-OPERATING
REVENUES (EXPENSES) (1,882,386) (1,610,463) (1,640,265) (1,594,251)

NET INCOME 875,519 975,785 694,260 730,203
TRANSFERS TO OTHER FUNDS
General Fund 604,422 668,968 719,782 719,782
Utility Capital Projects - - - -

CHANGE IN THE VALUE OF
CURRENT ASSETS/LIABILITIES (504,506) (63,117)
ENDING WORKING CAPITAL 3,852,325 4,096,025 4,160,503 4,196,446

City of Azle FY 2022-2023 Budget 126