Page 139 - CITY OF AZLE, TEXAS

City of Azle
Utility Fund Summary
Revenues vs. Expenses

FY 2021-22 FY 2022-23 FY 2023-24 FY 2023-24
Actual Actual Budget Estimated
BEGINNING
WORKING CAPITAL 4,122,545 5,002,804 5,819,496 5,819,496

OPERATING REVENUES

Water Revenues 5,011,369 5,225,348 5,123,600 5,187,600
Wastewater Revenues 2,842,558 2,992,172 2,947,000 3,060,000
Sanitation Revenues 2,430,633 2,692,822 2,693,036 2,036,360

TOTAL OPERATING REVENUES 10,284,560 10,910,342 10,763,636 10,283,960

TRANSFERS FROM OTHER FUNDS 90,000 90,000 90,000 90,000

OPERATING EXPENSES
Utility Administration - 173,719 181,575 181,575
Water Department 1,893,132 2,005,335 1,946,565 2,161,565
Wastewater Department 1,182,606 1,502,250 1,484,050 1,745,233
Utility Maintenance 1,114,754 1,552,787 2,009,360 2,220,639
Utility Billing 369,095 431,153 426,201 451,201
Non-Departmental (less Debt Service) 2,610,440 2,901,691 3,094,421 2,463,811
TOTAL OPERATING EXPENSES 7,170,027 8,566,936 9,142,172 9,224,024

NON-OPERATING REVENUES
(EXPENSES)
Interest and Misc. Revenue 97,655 309,285 205,000 360,000
Debt Service (1,658,910) (1,649,269) (1,267,390) (1,267,390)
TOTAL NON-OPERATING
REVENUES (EXPENSES) (1,561,255) (1,339,984) (1,062,390) (907,390)

NET INCOME 1,643,278 1,093,422 649,074 242,546
TRANSFERS TO OTHER FUNDS
General Fund 719,782 812,978 903,798 903,798
Utility Capital Projects - - 600,000 1,010,000

CHANGE IN THE VALUE OF
CURRENT ASSETS/LIABILITIES (43,237) 536,248
ENDING WORKING CAPITAL 5,002,804 5,819,496 4,964,772 4,148,244

City of Azle FY 2024-2025 Budget 128