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WATER AND SEWER
Overall Budget Summary
Fiscal Year 2022-2023
FY 2022 FY 2023
CURRENT PROJECTED PROPOSED
BUDGET YEAR END BUDGET
Available Resources,
October 1 $ 1,965,932 $ 1,965,932 $ 4,065,608

Revenues
Water $ 2,950,000 $ 4,541,000 $ 3,550,000
Sewer $ 525,000 $ 803,825 $ 1,150,000
Water Meter Install $ 40,000 $ 120,000 $ 100,000
Sewer Meter Install $ 20,000 $ 70,000 $ 100,000
Penalties Collected $ 12,000 $ 27,000 $ 21,000
Trash Collection $ 150,000 $ 220,000 $ 200,000
Interest Income $ 6,900 $ 19,000 $ 6,900
Developer Part. HP $ - $ - $ -
Miscellaneous $ 50,000 $ 47,000 $ 50,000

Operating Revenues $ 3,753,900 $ 5,847,825 $ 5,177,900

Total Available Resources $ 5,719,832 $ 7,813,757 $ 9,243,508

Expenditures
Administration $ 244,062 $ 244,062 $ 314,137
Water Sewer $ 2,382,195 $ 2,600,000 $ 3,232,741
PW Shared Exp $ 297,731 $ 322,731 $ 421,970

Operating Expenditures $ 2,923,988 $ 3,166,793 $ 3,968,848
Available Resources Effe
Increase/(Decrease) $ 829,912 $ 2,681,032 $ 1,209,052

Transfers Out
To Capital Projects $ 346,356 $ 346,356 $ 488,155
To General Fund $ - $ - $ -
To W/S Debt $ 235,000 $ 235,000 $ 235,000
Total Operating Transfers $ 581,356 $ 581,356 $ 723,155

Available Resources,
Sept 30 $ 2,214,488 $ 4,065,608 $ 4,551,504

Available Resources as
% of Exp 63.2% 108.5% 97.0%

Reserve (25%
Requirement, 50% 2023)
$ 876,336 $ 937,037 $ 2,346,002
Reserve
Surplus/(Shortfall) $ 1,338,152 $ 3,128,570 $ 2,205,503

ORD No. 017-2022 Page 5 of 30