Page 66 - Pantego FY23 Budget

TOWN OF PANTEGO
WATER AND SEWER OPERATING FUND (200)
STATEMENT OF REVENUES AND EXPENSES
FOR FY 2021-2022 BUDGET

2021-2022 2022-2023 2021-2022/
2019-2020 2020-2021 ADOPTED Y-T-D 2021-2022 PROPOSED 2022-2023
DESCRIPTION ACTUAL ACTUAL BUDGET 5/31/2022 YE ESTIMATE BUDGET % CHANGE

REVENUES

Sale of Water $ 594,974 $ 568,115 $ 600,000 $ 355,036 $ 565,000 $ 605,000 0.8%

Water Tap Fees 2,450 2,550 870 545 725 1,000 14.9%

Sewer Service Charge Fee 480,997 490,402 $ 500,000 353,414 562,000 $ 535,000 7.0%

Sewer Tap Fees - 300 300 - 100 300 0.0%

Groundwater Conservation Fees 19,803 17,506 26,000 11,689 20,375 21,175 -18.6%

Groundwater Fee Recovery 3,985 - - - -
Late Payment Charges 8,307 13,332 6,000 9,802 14,850 10,000 66.7%

Processing/Turn On Fees - - 500 - - 500 0.0%

Interest Revenue 5,466 628 1,000 557 3,000 9,000 800.0%

NSF Check Fees 175 150 330 400
Admin Serv Charge/Sewer Impact 4,280 7,040 5,000 5,620 8,100 6,500 30.0%
Other Revenue 470 710 460 285 500 500 8.7%
TOTAL REVENUES $ 1,120,907 $ 1,100,733 $ 1,140,130 $ 737,279 $ 1,175,050 $ 1,188,975 4.3%

OTHER SOURCES
Transfers In $ - $ - $ 16,019 NA
Contributed Capital - - - - - - NA
TOTAL OTHER SOURCES $ - $ - $ - $ - $ 16,019 $ - NA
TOTAL REVENUES & OTHER SOURCES $ 1,120,907 $ 1,100,733 $ 1,140,130 $ 737,279 $ 1,191,069 $ 1,188,975 4.3%

EXPENSES
Contractual Agreements $ 399,006 $ 339,464 $ 438,652 $ 206,488 $ 366,987 $ 389,400 -11.2%

Supplies and Maintenance $ 79,104 $ 78,626 $ 491,220 $ 63,707 $ 155,293 $ 502,010 2.2%

Utilities and Gasoline $ 106,390 $ 105,162 $ 120,765 $ 78,896 $ 119,096 $ 129,930 7.6%

Training / Dues / Misc $ 4,056 $ 2,927 $ 8,165 $ 4,354 $ 6,322 $ 7,250 -11.2%

Capital $ - $ 3,579 $ 32,770 $ 13,302 $ 26,604 $ 4,000 -87.8%

TOTAL EXPENSES $ 588,555 $ 529,758 $ 1,091,572 $ 366,746 $ 674,302 $ 1,032,590 -5.4%

OTHER USES

Transfers Out- to General Fund $ 413,940 $ 413,940 $ 428,962 $ 316,281 $ 428,962 $ 460,609 7.4%
Transfer to Water & Sewer Infrastructure
Transfer out to Sewer Construction - - - - -
Transfers Out- to W/S Cap Projects - - - - -

TOTAL OTHER USES $ 413,940 $ 413,940 $ 428,962 $ 316,281 $ 428,962 $ 460,609 7.4%
TOTAL EXPENSES OTHER USES $ 1,002,495 $ 943,698 $ 1,520,534 $ 683,027 $ 1,103,264 $ 1,493,199 -1.8%

ADOPTED BUDGET FY2022-23 TOWNOFPANTEGO.COM/BUDGET PAGE 64