Page 234 - CityofWataugaAdoptedBudgetFY24

PROPRIETARY FUNDS

STORM DRAIN UTILITY BUDGET SUMMARY
FUND 15

HISTORY PROJECTED YEAR BUDGET
2020-2021 2021-2022 2022-2023 2022-2023 2023-2024
Actual Actual Budget Projected Proposed

Working Capital, October 1* $3,322,231 $3,321,060 $2,846,045 $4,035,700 $4,319,700
Revenues:
Operating Revenues 1,475,731 1,479,826 1,480,000 1,485,000 1,485,000
Interest Income 7,324 29,222 2,000 140,000 160,000
Other Revenue/Grant 86,161 27,400 0 0 0
Total Revenues $ 1,569,216 $ 1,536,448 $ 1,482,000 $ 1,625,000 $ 1,645,000

Total Available Resources $ 4,891,447 $ 4,857,508 $ 4,328,045 $ 5,660,700 $ 5,964,700
Expenditures:
Personnel 388,449 285,428 468,500 443,900 506,800
Supplies 18,570 18,188 37,400 37,400 37,400
Maintenance 8,964 10,284 37,000 37,000 37,000
Contractual/Sundry 109,078 139,331 198,500 297,800 356,200
Depreciation (non-exp) 416,924 444,350 0 0 0
Total Operating Expenditures 592,886 548,858 741,400 816,100 937,400

Operating Transfers-Out
To General Fund 73,500 73,500 73,500 73,500 74,000
To Internal Service Fund 0 0 0 0 120,000
Total Operating Transfers-Out 73,500 73,500 73,500 73,500 194,000

Operating Surplus/(Deficit) $902,830 $914,090 $ 667,100 $ 735,400 $ 513,600
CAPITAL PROJECTS 277,199 158,399 2,706,160 451,400 1,331,300

TOTAL OPERATING & TRNSFRS&CAP $ 943,585 $ 780,757 $ 3,521,060 $ 1,341,000 $ 2,462,700

Working Capital, September 30 $3,947,861 $4,076,750 $806,985 $4,319,700 $3,502,000

CHANGE IN NET ASSETS $625,630 $755,690 ($2,039,060) $284,000 ($817,700)

* Working Capital adjusted to CAFR first of year

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