Page 359 - FY 24 Budget Forecast at Adoption.xlsx

WASTEWATER IMPACT FEE FUND

FUND DESCRIPTION:
This fund is used to account for resources received from wastewater impact fees which are determined by the type and size of
new development. Expenditures are restricted for wastewater system improvements based upon new development impact and
are transferred to the Water and Wastewater CIP fund. The fund revenues and expenditures are not considered operating funds
and shown for informational purposes only. In the City's Annual Comprehensive Financial Report (ACFR), the fund is included in
the Water and Wastewater fund totals.

REVENUE SUMMARY

FY 2023-24
FY 2021-22 FY 2022-23 FY 2022-23 Adopted Budget
REVENUES: Actual Budget YE Proj. Budget Variance ($)
Wastewater Impact Fees $ 160,909 $ – $ 164,282 $ – $ –
Interest Earnings 8,840 – 13,800 – –
TOTAL $ 169,749 $ – $ 178,082 $ – $ –

EXPENDITURE SUMMARY

FY 2023-24
FY 2021-22 FY 2022-23 FY 2022-23 Adopted Budget
EXPENDITURES BY DIVISION: Actual Budget YE Proj. Budget Variance ($)
Wastewater Improvements $ 3,365,700 $ – $ – $ – $ –

TOTAL $ 3,365,700 $ – $ – $ – $ –

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