Page 242 - Watauga FY22-23 Budget

PROPRIETARY FUNDS

STORM DRAIN UTILITY BUDGET SUMMARY
FUND 15

HISTORY PROJECTED YEAR BUDGET
2019-2020 2020-2021 2021-2022 2021-2022 2022-2023
Actual Actual Budget Estimated Budget

Working Capital, October 1* $4,632,841 $3,322,231 $3,005,197 $3,321,060 $2,846,045
Revenues:
Operating Revenues 1,475,089 1,475,731 1,480,000 1,480,000 1,480,000
Interest Income 69,058 7,324 2,000 2,000 2,000
Other Revenue/Grant 0 86,161 0 0 0
Total Revenues $ 1,544,147 $ 1,569,216 $ 1,482,000 $ 1,482,000 $ 1,482,000

Total Available Resources $ 6,176,988 $ 4,891,447 $ 4,487,197 $ 4,803,060 $ 4,328,045
Expenditures:
Personnel 521,139 388,449 444,300 380,740 468,500
Supplies 15,524 18,570 30,200 30,400 37,400
Maintenance 16,396 8,964 36,500 36,500 37,000
Contractual/Sundry 164,038 109,078 179,375 179,525 198,500
Depreciation (non-exp) 382,179 416,924 0 444,350 0
Total Operating Expenditures 750,177 593,262 690,375 1,071,515 741,400

Operating Transfers-Out
To General Fund 73,500 73,500 73,500 73,500 74,000
To Internal Service Fund - - 0 0 0
Total Operating Transfers-Out 73,500 73,500 73,500 73,500 74,000

Operating Surplus/(Deficit) $720,470 $902,454 $ 718,125 $ 336,985 $ 666,600
CAPITAL PROJECTS 2,324,729 277,199 2,937,111 812,000 2,706,160

TOTAL OPERATING & TRNSFRS&CAP $ 3,148,406 $ 943,961 $ 3,700,986 $ 1,957,015 $ 3,521,560

Working Capital, September 30 $3,028,581 $3,947,485 $786,211 $2,846,045 $806,485

CHANGE IN NET ASSETS ($1,604,260) $625,254 ($2,218,986) ($475,015) ($2,039,560)

* Working Capital adjusted to CAFR first of year

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