Page 72 - PantegoFY24AdoptedBudget

TOWN OF PANTEGO - ENTERPRISE FUND
2023 CO ISSUE CAPITAL PROJECT FUND (723)
STATEMENT OF REVENUES AND EXPENSES
For Fiscal Year 2023-2024 Budget
2022‐2023 2022‐2023 2023‐2024
2020‐2021 2021‐2022 ADOPTED Y-T-D 2022‐2023 PROPOSED
DESCRIPTION ACTUAL ACTUAL BUDGET 7/31/2023 YE ESTIMATE BUDGET
ESTIMATED BEGINNING NET POSITION $ - $ - $ - $ - $ - $ 12,837,510

REVENUES
901.00 Interest Revenue $ - $ - $ 74,384 $ 175,000 $ 250,000
TOTAL REVENUES $ - $ - $ - $ 74,384 $ 175,000 $ 250,000

OTHER SOURCES
Issue of Certificates of Obligation
800.11 CO Premium
800.12 CO Discount

Transfer In $ - $ - $ - $ 13,000,000 $ 13,000,000 $ -
TOTAL REVENUES AND OTHER SOURCES $ - $ - $ - $ 13,074,384 $ 13,175,000 $ 250,000

EXPENSES
Capital Outlay
$ -
Storage Tank - 2,300,000
RO System 303 and Lane - 3,475,890
piping Booster Station 200,000
Booster Pump Station Trinity - - 875,000
New Trinity Well 2,280,000
Generator and ATS 500,000
Land Purchase for Well Site 322,490 322,490
Newsome Water & Sewer Pipe Burst 699,942
Arrowhead Water and Sewer Pipe Burst 689,905
Kimley-Horn Engineering (remaining) 5,357 15,000 463,406
-

TOTAL EXPENSES $ - $ - $ - $ 327,847 $ 337,490 $ 11,484,143
OTHER USES
Transfer Out $ - $ - $ - $ - $ -

TOTAL EXPENSES AND OTHER USES $ - $ - $ - $ 327,847 $ 337,490 $ 11,484,143

ESTIMATED CHANGE IN NET POSITION $ - $ - $ - $ 12,746,538 $ 12,837,510 $ (11,234,143)

ESTIMATED ENDING NET POSITION $ - $ - $ - $ 12,746,538 $ 12,837,510 $ 1,603,367

ADOPTED BUDGET FY2023-24 TOWNOFPANTEGO.COM/BUDGET PAGE 70