Page 26 - NorthRichlandHillsFY24AdoptedBudget

FISCAL YEAR 2023-2024
SCHEDULE 19 - SUMMARY OF REVENUES AND EXPENDITURES
UTILITY FUND

ADOPTED REVISED ADOPTED
ACTUAL ACTUAL BUDGET BUDGET BUDGET
FY 2020/21 FY 2021/22 FY 2022/23 FY 2022/23 FY 2023/24
EXPENDITURES
WATER SERVICES
Water Operations $4,464,976 $4,312,789 $4,888,841 $5,021,842 $4,694,465
Purchase of Water FTW 4,076,463 4,106,834 4,354,672 4,354,672 3,997,048
Purchase of Water TRA 6,739,361 7,677,095 7,946,485 7,946,485 8,081,645
TOTAL WATER SERVICES $15,280,799 $16,096,718 $17,189,998 $17,322,999 $16,773,158

SEWER TREATMENT SERVICES
Sewer Operations $1,408,171 $1,443,863 $1,502,192 $1,513,621 $1,535,250
Sewer Treatment FTW 1,109,843 913,219 1,680,773 2,375,277 1,694,260
Sewer Treatment TRA 4,848,797 5,154,153 5,433,867 5,496,219 6,363,226
TOTAL SEWER TREATMENT SERVICES $7,366,811 $7,511,235 $8,616,832 $9,385,117 $9,592,736

UTILITY BILLING & FINANCIAL SERVICES
Utility Meter Reading $539,736 $560,341 $606,825 $619,070 $581,943
Utility Billing & Customer Service 1,021,948 1,116,392 1,095,784 1,100,978 1,267,955
Utility Collection Services 239,398 261,188 269,425 270,783 259,472
Accounting Services 406,705 456,860 441,974 442,689 433,485
Budget & Research 222,253 228,515 261,966 270,872 279,714
TOTAL UTILITY BILLING & FINANCIAL $2,430,039 $2,623,296 $2,675,974 $2,704,392 $2,822,569
OTHER OPERATING EXPENDITURES
Administration $353,809 $396,375 $397,701 $416,305 $412,504
Development 872,882 993,224 1,116,290 1,125,758 1,318,253
Right of Way Maintenance 271,565 293,010 338,647 338,647 329,345
Utility Construction Crew & Support (0) 1,133,617 1,363,372 1,355,745 1,384,505
Building Services 1,822,929 1,822,929 1,852,138 1,852,138 1,852,138
Non Departmental 200,852 891,627 373,074 2,829,597 494,791
TOTAL OTHER OPERATING $3,522,037 $5,530,782 $5,441,222 $7,918,190 $5,791,536

TOTAL DEPARTMENT EXPENDITURES $28,599,686 $31,762,032 $33,924,026 $37,330,698 $34,979,999

OTHER & RESERVES
Debt Service $1,646,296 $1,511,963 $2,155,349 $2,155,349 $2,578,904
Bond Defeasance / Refunding 0 0 0 0 0
Franchise Fees 1,063,691 1,233,378 1,133,535 1,133,535 1,199,295
Indirect Costs 2,182,170 2,182,170 2,182,170 2,182,170 2,182,176
Payment in Lieu of Taxes 410,217 405,242 399,222 399,222 399,222
Transfer for IT Purchases & Support 175,000 175,000 175,000 175,000 237,539
Transfer to Capital 2,278,011 778,620 1,460,000 1,460,000 1,250,000
Planned Contribution to Fund Balance 0 0 0 1,095,334 0
TOTAL OTHER & RESERVES $7,755,384 $6,286,373 $7,505,276 $8,600,610 $7,847,136

TOTAL EXPENDITURES $36,355,071 $38,048,405 $41,429,302 $45,931,308 $42,827,135
BALANCE $4,621,684 $5,314,586 $0 $0 $0

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