Page 223 - NEXT YEAR BUDGET DETAIL REPORT

UTILITY OPERATING FUND SUMMARY

BUDGET YE PROJECTED PROJECTION PROJECTION PROJECTION PROJECTION PROJECTION
FY 2023 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
BEG. WORKING CAPITAL 7,827,583 7,827,583 7,867,848 7,867,848 7,867,848 7,867,848 7,867,849
FUND REVENUES
Water - Base Rate 2,101,724 1,983,898 2,190,683 2,281,244 2,382,097 2,489,581 2,597,150
Water - Volumetric Rate 11,972,780 11,972,780 16,027,206 17,148,358 19,560,871 22,105,631 24,945,510
Wastewater - Base Rate 1,586,499 1,585,855 1,628,164 1,698,047 1,776,951 1,861,173 1,945,260
Wastewater - Volumetric Rate 3,455,351 3,455,351 3,862,562 4,468,813 5,014,252 5,430,108 5,891,551
Water Installation 20,000 26,392 20,000 20,200 20,402 20,606 20,812
Wastewater Installation 7,500 5,000 4,000 4,040 4,080 4,121 4,162
T.R.A. TRUE-UP 0 1,627,558 0 0 0 0 0
Engineering Charges 10,000 10,000 5,000 5,050 5,101 5,152 5,203
Penalties 200,000 200,000 200,000 202,000 204,020 206,060 208,121
Miscellaneous 15,000 15,000 15,000 15,150 15,302 15,455 15,609
Interest Income 14,000 158,494 150,000 157,500 159,075 160,666 162,272
TOTAL REVENUES 19,382,854 21,040,328 24,102,616 26,000,402 29,142,151 32,298,552 35,795,651
FUND EXPENSES
Utility Billing 496,334 425,830 514,481 536,931 559,727 584,055 608,339
IS GIS 83,079 84,690 86,803 91,072 95,336 99,864 104,412
Utility Support 1,348,946 1,341,623 1,443,014 1,505,534 1,575,949 1,651,156 1,726,228
Utility Operations - Water 956,734 1,020,382 975,864 1,015,320 1,055,950 1,099,191 1,142,343
TRA Water (volumetric) 7,345,730 7,345,730 9,475,021 9,463,280 9,871,414 10,351,273 10,915,236
TRA Water (debt) 4,627,050 4,627,050 6,552,185 7,685,079 9,689,457 11,754,358 14,030,273
Utility Operations - WW 429,009 355,115 423,319 443,470 463,676 485,291 506,764
TRA Wastewater 3,455,351 3,455,351 3,862,562 4,468,813 5,014,252 5,430,108 5,891,551
Non-Departmental 233,605 309,717 253,605 258,883 266,231 273,794 281,577
Transfer to General Fund 325,917 325,917 434,663 450,922 469,059 488,362 507,827
T.R.A. True-Up 0 1,627,558 0 0 0 0 0
VERF Transfer 81,100 81,100 81,100 81,100 81,100 81,100 81,100
TOTAL EXPENDITURES 19,382,854 21,000,063 24,102,616 26,000,402 29,142,150 32,298,552 35,795,651
ENDING WORKING CAPITAL 7,827,583 7,867,848 7,867,848 7,867,848 7,867,848 7,867,849 7,867,851

*All year-end operating surpluses are transferred to the Utility Capital Projects Fund for future utility capital projects. A
minimum of 100 days of reserves are maintained in the Utility Operating Fund.

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