Page 103 - CityofWataugaAdoptedBudgetFY24

COMBINED SUMMARY OF REVENUE AND EXPENDITURES (3 YEAR)
ALL CITY FUNDS

GENERAL FUND (&Strategic) UTILITY FUNDS(W&WW)(JUF) STORM DRAIN UTILITY FUND CAPITAL PROJECTS FUNDS
FY2022 FY2023 FY2022 FY2023 FY2022 FY2023 FY2022 FY2023
ACTUAL ESTIMATE FY2024 BUDGET ACTUAL ESTIMATE FY2024 BUDGET ACTUAL ESTIMATE FY2024 BUDGET ACTUAL ESTIMATE FY2024 BUDGET
Estimated Beginning Resources $7,012,568 8,341,951 8,466,662 $3,954,724 $4,333,964 $4,114,521 $3,321,060 $4,035,700 $4,319,700 $20,994,942 $24,053,824 $12,345,585

Estimated Revenues
Taxes / Assessments 6,446,896 6,652,500 7,194,500
Sales Tax 4,705,981 4,940,400 5,038,000
Licenses and Permits 741,399 713,800 762,700
Franchise Fees 791,372 891,500 889,500
Intergovt Revenue 502,600 503,000 503,000
Charges for Service 1,024,127 1,067,000 1,203,000 9,307,277 9,050,000 9,300,000 1,479,826 1,485,000 1,485,000
Fines & Forfeitures 638,906 469,400 559,500 - -
Interest on Investments 55,418 300,000 350,000 35,234 117,000 110,000 29,222 140,000 160,000 163,463 1,200,800 1,100,100
Grant Revenue - - - - - - 27,400 - 800,000 3,200,000
Miscellaneous 381,082 470,600 389,700 452,361 452,000 451,000 - - 5,057,504 - 8,950,000
Operating Transfer In 779,300 818,000 861,000 34,760 60,000 70,000 1,460,000 625,000 235,000
Total Current Year Revenues 16,067,081 16,826,200 17,750,900 9,829,632 9,679,000 9,931,000 1,536,448 1,625,000 1,645,000 6,680,967 2,625,800 13,485,100
- -
Total Available Resources 23,079,649 25,168,151 26,217,562 13,784,356 14,012,964 14,045,521 4,857,508 5,660,700 5,964,700 27,675,909 26,679,624 25,830,685
Estimated Expenditures
Administration (CM,CS,CA) 419,463 570,530 657,480 144,958 170,000 185,200
Building 801,409 999,300 1,069,900 -
Human Resources 203,559 215,630 248,030
Development Services 168,679 225,170 291,860
Economic Dev./Strategic Inn. - 30,000 -
Finance/Municipal Court 907,999 992,155 1,059,320
Library 865,205 1,039,200 1,175,200
Rec & Comm Svc 287,369 407,610 700,520
Parks 579,228 662,130 947,785
Police 4,417,806 4,534,200 5,073,500
Fire / EMS 3,196,643 3,741,320 4,096,490
Public Works 429,590 656,180 719,780 435,378 617,600 825,420 25,000 40,000 120,000
Fleet Services 203,258 291,950 361,650 -
Non-Departmental 646,611 742,375 879,415 762,761 760,580 794,980 113,480 198,500 111,980 122,639 - -
Information Technology 495,879 608,739 683,240 92,524 111,790 126,990 -
Billing & Collection - - - 534,874 577,360 615,410 -
Water Operations - - - 2,639,706 2,747,220 2,865,830 -
Wastewater Operations - - - 2,786,489 3,099,814 3,284,614 -
Grant Expenditures - - - -
Operating Transfer/Grant 1,115,000 985,000 265,000 2,304,759 2,416,000 2,355,000 73,500 73,500 194,000
Sub Total Operating 14,737,698 16,701,489 18,229,170 9,266,071 9,882,764 10,228,024 622,358 889,600 1,131,400 147,639 40,000 120,000
Capital Projects/Equip - - 158,399 451,400 1,331,300 3,506,001 14,227,039 21,733,550
Debt Service -
Principal Payments - 63,068 67,000 60,500
Interest Payments -
Fiscal Agent Fees -
Sub Total Debt Service - - - - 63,068 67,000 60,500
Total Expenditures 14,737,698 16,701,489 18,229,170 9,266,071 9,882,764 10,228,024 780,757 1,341,000 2,462,700 3,716,708 14,334,039 21,914,050
Change in Fund Balance 1,329,383 124,711 (478,270) 563,561 (203,764) (297,024) 755,691 284,000 (817,700) 2,964,259 (11,708,239) (8,428,950)
Est. Ending Resources 8,341,951 $8,466,662 $7,988,392 $4,518,285 $4,130,200 $3,817,497 $4,076,751 $4,319,700 $3,502,000 $23,959,201 $12,345,585 $3,916,635

Non-major funds include Economic Development Corporation Sales tax Fund, Crime Control District Sales Tax Fund,
Library Donation Fund, Street Maintenance Fund, Municipal Court Funds, Traffic Safety Fund and Grant Funds.

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