Page 145 - CityofHaltomFY23Budget

CITY OF HALTOM CITY ANNUAL BUDGET, FY2023 Proprietery Funds

WATER AND SEWER FUND
BUDGET SUMMARY
Actual Adopted Projected Adopted
FUND 41 FY2021 FY2022 FY2022 FY2023
Cash & Investments, Beginning 13,538,614 13,290,131 16,124,659 13,050,551
Revenues:
Water Sales Revenue 11,915,524 12,000,000 11,000,000 12,500,000
Water Service Fees 461,409 375,000 375,000 375,000
Water Connection Fees 73,800 50,000 50,000 50,000
Sewer Service Revenue 8,834,969 9,100,000 9,100,000 9,100,000
Sewer Surcharge Revenue 1,491,763 1,900,000 1,566,629 1,900,000
Sewer Connection Fees 11,800 10,000 10,000 10,000
Lab Service Fees 55,934 40,000 48,000 40,000
Penalty Revenue 335,671 90,000 192,000 90,000
Billing Fees 59,819 65,200 55,200 65,200
Interest Income 54,065 270,000 69,259 200,000
Miscellaneous 1,069,652 52,000 32,031 53,000
Total Revenues 24,364,406 23,952,200 22,498,119 24,383,200
Cash & Investments Available 37,903,020 37,242,331 38,622,778 37,433,751
Expenses:
Public Works Administration 630,734 988,486 665,119 1,114,791
Engineering 399,273 504,614 443,808 487,509
Environmental Services 151,692 293,747 184,427 482,448
WS Construction 293,928 440,627 373,618 417,164
WS Maintenance 1,115,963 2,823,495 1,284,330 2,532,367
Collection & Distribution 525,771 641,212 615,964 642,326
Purchased Water 3,750,783 5,000,000 5,000,000 5,000,000
Sewer Treatment Fee 1,502,411 2,100,000 2,100,000 2,100,000
Sewer Surcharge Fee 1,451,368 1,600,000 1,600,000 1,600,000
Meter Maintenance 125,842 149,233 137,743 150,787
Utility Billing 812,372 874,304 813,042 996,061
Debt Service 368,753 1,709,661 1,709,661 1,576,238
Non-Departmental 5,045,943 4,921,092 4,286,882 6,277,916
Transfer Out: Fund 01 (PILOT) 459,996 460,000 460,000 460,000
Transfer Out: Water Capital Project Fund 7,397,628 8,020,000 7,397,633 7,400,000
Total Expenses 24,032,456 30,526,471 27,072,227 31,237,607
Non-cash adjustments:
Depreciation/Amortization/Others 2,254,096 1,500,000 1,500,000 2,254,096
Cash & Investments, Ending 16,124,659 8,215,860 13,050,551 8,450,241
Change in Cash Inc/(Dec) 2,586,045 (5,074,271) (3,074,108) (4,600,311)
Ending Cash & Investments as a % of
Total Expenses (City Policy is 20%) 67% 27% 48% 27%

Water & Sewer Fund Ending Cash and Investments
$20
Millions $15

$10
$5

$0
Actual 2021 Adopted 2022 Projected 2022 Proposed 2023