Page 201 - FY 24 Budget Forecast at Adoption.xlsx
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WATER AND WASTEWATER FUND OVERVIEW
FUND DESCRIPTION:
The Water and Wastewater Fund provides water and wastewater utility services including water delivery, utility line maintenance,
and wastewater treatment and is funded through consumption-based water and wastewater utility fees.
FY 2023-24
FY 2021-22 FY 2022-23 FY 2022-23 Adopted Budget
Actual Budget YE Proj. Budget Variance ($)
REVENUE TOTAL $ 36,146,685 $ 28,940,247 $ 30,648,327 $ 29,937,849 $ 997,602
OPERATING EXPENDITURES 29,890,963 30,551,486 30,459,494 29,934,325 (617,161)
EXPENDITURE TOTAL $ 29,890,963 $ 30,551,486 $ 30,459,494 $ 29,934,325 $ (617,161)
VARIANCE $ 6,255,722 $ (1,611,239) $ 188,833 $ 3,524 $ 1,614,763
ASSIGNED
RESERVE FUND BALANCE 7,438,274 7,080,499 7,149,139 7,300,794 220,295
UNASSIGNED FUND BALANCE (485,294) (1,738,758) (7,326) (155,457) 1,583,301
FUND BALANCE $ 6,952,980 $ 5,341,741 $ 7,141,813 $ 7,145,337 $ 1,803,596
RESERVE AND UNASSIGNED ANALYSIS
% OF OPERATING EXPENDITURES -1.6% -5.7% 0.0% -0.5%
TARGET % LEVEL 24.9% 23.2% 23.5% 24.4%
Water and Wastewater Summary
40,000,000
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
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FY 2021-22 Actual FY 2022-23 Budget FY 2022-23 FY 2023-24
YE Proj. Adopted Budget
REVENUE TOTAL EXPENDITURE TOTAL FUND BALANCE
199
