Page 99 - CityofWataugaAdoptedBudgetFY24

COMBINED SUMMARY OF REVENUES AND EXPENDITURES
ALL CITY FUNDS FOR FISCAL YEAR 2023-2024

Strategic Crime Control Street
Initiative W/S Utility EDC Sales Tax District Sales Storm Drain Maintenance Capital Projects W/S Constr Internal Service
All Funds ‐ General Fund Fund 13 Fund 40 Fund 04 Tax Fund 18 Utility Fund 15 Fund 14 Fund 07 Fund 45 Fund 22
Estimated Beginning
Resources $8,430,927 $35,735 $2,804,570 $2,260,280 $1,367,852 $4,319,700 $63,016 $8,342,306 $3,982,133 $2,050,649
Estimated Revenues
Taxes / Assessments 7,194,500
Sales Tax 5,038,000 996,000 1,977,000 -
Licenses and Permits 762,700
Franchise Fees 889,500
Intergovt Revenue 503,000 - -
Charges for Service 1,203,000 9,300,000 1,485,000 87,660
Fines & Forfeitures 559,500
Interest on Investments 350,000 - 110,000 55,000 60,000 160,000 - 600,000 500,000 65,000
Grant Revenue 3,200,000
Miscellaneous 389,700 451,000 3,500 66,000 - 8,950,000 -
Operating Transfer In 861,000 - 10,000 - - - 235,000 - 165,000
Revenues 17,750,900 ‐ 9,871,000 1,054,500 2,103,000 1,645,000 ‐ 12,985,000 500,000 317,660
Total Available Resources 26,181,827 35,735 12,675,570 3,314,780 3,470,852 5,964,700 63,016 21,327,306 4,482,133 2,368,309
Estimated Expenditures

City Manager 314,230 -
City Secretary/Admin 248,250 185,200
City Attorney 95,000 10,000
Public Works Bldg. Maint. 1,069,900 - - -
Human Resources 248,030
Public Works - Dev. Svcs. 291,860
Economic Development - 77,250
Strategic Initiative Projects -
Finance 603,210
Municipal Court 456,110
Library 1,175,200
Rec & Comm Svc 700,520 -
Parks 947,785 - -
Police 5,073,500 2,006,800 - - -
Fire / EMS 4,096,490 - - -
Public Works 719,780 825,420 - 120,000 -
Public Works - Fleet 361,650 - -
Non-Departmental 879,415 794,980 - 111,980 63,016 -
Information Technology 683,240 126,990 - -
Billing & Collection 615,410 -
Water Operations 2,865,830
Wastewater Operations 3,284,614
Grant Expenditures
CARES/CLFRF Grant xfer
Operating Transfer Out 235,000 30,000 2,345,000 428,000 38,000 194,000 - - - -
Sub Total Operating 18,199,170 30,000 10,218,024 515,250 2,044,800 1,131,400 63,016 120,000 ‐ ‐
Capital Projects/Equip 212,100 1,331,300 ‐ 17,725,450 3,998,100 1,011,200
Debt Service
Principal Payments 60,500
Interest Payments
Fiscal Agent Fees
Sub Total Debt Service ‐ ‐ ‐ ‐ ‐ ‐ 60,500 ‐ ‐
Total Expenditures 18,199,170 30,000 10,218,024 515,250 2,256,900 2,462,700 63,016 17,905,950 3,998,100 1,011,200
Change in Fund Balance (448,270) (30,000) (347,024) 539,250 (153,900) (817,700) (63,016) (4,920,950) (3,498,100) (693,540)
Est. Ending Resources 7,982,657 5,735 $2,457,546 $2,799,530 $1,213,952 $3,502,000 $0 $3,421,356 $484,033 $1,357,109
% operating expenditures 44% 24%
$ Requirement $4,549,793 $0 $2,554,506 $100,150 $408,960 $226,280 $0 $0 $0 $0
%Policy Requirement 25.00% 0.00% 25.00% 20.00% 20.00% 20.00% 0.00% 0.00% 0.00% 0.00%
OVER/UNDER REQUIRE $3,432,865 5,735 ($96,960) $2,699,380 $804,992 $3,275,720 $0 $3,421,356 $484,033 $1,357,109

FUND BALANCE CHANGE % -5.3% -84.0% -12.4% 23.9% -11.3% -18.9% -100.0% -59.0% -87.8% -33.8%

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