Page 365 - HasletFY24AdoptedBudget

WATER AND SEWER
Overall Budget Summary
Fiscal Year 2023-2024

2023 FY 2024
CURRENT PROJECTED PROPOSED
BUDGET YEAR END BUDGET
Available Resources,
October 1 $ 4,878,478 $ 4,878,478 $ 9,198,773

Revenues
Water $ 3,550,000 $ 6,935,000 $ 6,935,000
Sewer $ 1,150,000 $ 1,249,000 $ 1,249,000
Water Meter Install $ 100,000 $ 100,000 $ 100,000
Sewer Meter Install $ 100,000 $ 100,000 $ 100,000
Penalties Collected $ 21,000 $ 31,000 $ 31,000
Trash Collection $ 200,000 $ 280,500 $ 280,500
Interest Income $ 6,900 $ 125,000 $ 125,000
Developer Part. HP $ - $ - $ -
Miscellaneous $ 50,000 $ 50,000 $ 50,000
Operating Revenues $ 5,177,900 $ 8,870,500 $ 8,870,500

Total Available Resources $ 10,056,378 $ 13,748,978 $ 18,069,273

Expenditures
Administration $ 314,138 $ 314,138 $ 418,483
Water Sewer $ 3,232,741 $ 3,232,741 $ 4,630,041
PW Shared Exp $ 421,970 $ 421,970 $ 551,283

Operating Expenditures $ 3,968,849 $ 3,968,849 $ 5,599,807
Available Resources Effe
Increase/(Decrease) $ 1,209,051 $ 4,901,651 $ 3,270,693

Transfers Out
To Capital Projects $ 346,356 $ 346,356
To General Fund $ - $ - $ -
To W/S Debt $ 235,000 $ 235,000 $ 1,151,196
Total Operating Transfers $ 581,356 $ 581,356 $ 1,151,196

Available Resources,
Sept 30 $ 5,506,173 $ 9,198,773 $ 11,318,270

Available Resources as
% of Exp 121.0% 202.2% 167.7%

Reserve (25%
Requirement, 50% 2023)
$ 1,137,551 $ 1,137,551 $ 3,375,501

Reserve
Surplus/(Shortfall) $ 4,368,622 $ 8,061,222 $ 7,942,769