Page 199 - CityofKellerFY25Budget

WATER AND WASTEWATER FUND OVERVIEW

FUND DESCRIPTION:
The Water and Wastewater Fund provides water and wastewater utility services including water delivery, utility line
maintenance, and wastewater treatment and is funded through consumption-based water and wastewater utility fees.
FY 2024-25
FY 2022-23 FY 2023-24 FY 2023-24 Adopted Budget
Actual Budget YE Proj. Budget Variance ($)

REVENUE TOTAL $ 33,770,570 $ 29,937,849 $ 30,523,218 $ 30,633,452 $ 695,603

OPERATING EXPENDITURES 29,804,623 29,934,325 29,522,523 31,615,566 1,681,241
ONE-TIME EXPENDITURES - - - - -
EXPENDITURE TOTAL $ 29,804,623 $ 29,934,325 $ 29,522,523 $ 31,615,566 $ 1,681,241

VARIANCE $ 3,965,947 $ 3,524 $ 1,000,695 $ (982,114) $ (985,638)

RESERVE FUND BALANCE 7,186,206 7,310,156 7,259,352 7,424,287 114,131

UNASSIGNED FUND BALANCE 1,280,156 1,159,730 2,207,705 1,060,656 (99,074)

FUND BALANCE $ 8,466,362 $ 8,469,886 $ 9,467,057 $ 8,484,943 $ 15,057

RESERVE AND UNASSIGNED ANALYSIS
% OF OPERATING EXPENDITURES 28.4% 28.3% 32.1% 26.8%
TARGET % LEVEL 24.1% 24.4% 24.6% 23.5%
% ABOVE TARGET LEVEL 4.3% 3.9% 7.5% 3.4%

Water and Wastewater Summary
35,000,000

30,000,000

25,000,000

20,000,000

15,000,000

10,000,000

5,000,000

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FY 2022-23 Actual FY 2023-24 Budget FY 2023-24 FY 2024-25
YE Proj. Adopted Budget
REVENUE TOTAL EXPENDITURE TOTAL
FUND BALANCE

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