Page 355 - CityofHasletFY25AnnualBudget

WATER AND SEWER
Overall Budget Summary
Fiscal Year 2024-2025

2024 FY 2025
CURRENT PROJECTED PROPOSED
BUDGET YEAR END BUDGET

Available Resources, October 1 $ 4,478,977 $ 4,478,977 $ 4,616,060

Revenues
Water $ 6,935,000 $ 5,200,000 $ 5,700,000
Sewer $ 1,249,000 $ 1,249,000 $ 2,600,000
Water Meter Install $ 100,000 $ 109,000 $ 115,000
Sewer Meter Install $ 100,000 $ 65,000 $ 68,000
Penalties Collected $ 31,000 $ 31,000 $ 31,000
Trash Collection $ 280,500 $ 352,000 $ 416,000
Interest Income $ 125,000 $ 165,000 $ 165,000
Developer Part. HP $ - $ - $ -
Miscellaneous $ 50,000 $ 50,000 $ 50,000
Operating Revenues $ 8,870,500 $ 7,221,000 $ 9,145,000

Total Available Resources $ 13,349,477 $ 11,699,977 $ 13,761,060

Expenditures
Administration $ 418,483 $ 407,232 $ 420,717
Water Sewer $ 4,629,991 $ 4,965,691 $ 5,685,891
PW Shared Exp $ 551,283 $ 559,798 $ 673,570
Operating Expenditures $ 5,599,757 $ 5,932,721 $ 6,780,178

Available Resources Effect
Increase/(Decrease) $ 3,270,743 $ 1,288,279 $ 2,364,822

Transfers Out
To Capital Projects $ - $ -
To General Fund $ - $ - $ -
To W/S Debt $ 1,151,196 $ 1,151,196 $ 819,408
Total Operating Transfers Out $ 1,151,196 $ 1,151,196 $ 819,408

Total Expenditures & Transfers $ 6,750,953 $ 7,083,917 $ 7,599,586

Available Resources, Sept 30 $ 6,598,524 $ 4,616,060 $ 6,161,474

Available Resources as % of Exp 97.7% 65.2% 81.1%

Reserve ( Requirement, 50%
2024, 50% 2025) $ 3,375,477 $ 3,541,958 $ 3,799,793

Reserve Surplus/(Shortfall) $ 3,223,047 $ 1,074,102 $ 2,361,681

Haslet Adopted Budget FY 2024-2025 353