Page 25 - CityofNRHFY25AdoptedBudget

FISCAL YEAR 2024-2025
SCHEDULE 19 - SUMMARY OF REVENUES AND EXPENDITURES

UTILITY FUND
ADOPTED REVISED ADOPTED
ACTUAL ACTUAL BUDGET BUDGET BUDGET
FY 2021/22 FY 2022/23 FY 2023/24 FY 2023/24 FY 2024/25
REVENUES
WATER CHARGES
Water Charges $27,688,553 $28,056,000 $27,076,642 $27,076,642 $28,161,951
Water Prior Year Settle-up 728,118 1,542,944 0 1,212,095 0
Water Taps 52,345 23,315 52,000 37,800 52,000
Water Inspection Fees 22,707 25,217 54,500 54,500 51,500
TOTAL WATER CHARGES $28,491,723 $29,647,476 $27,183,142 $28,381,037 $28,265,451
SEWER TREATMENT CHARGES
Sewer Treatment Charges $12,958,268 $13,678,991 $14,273,721 $14,273,721 $14,849,147
Sewer Prior Year Settle-Up 275,831 294,887 0 178,267 0
Sewer Taps 13,400 7,200 14,800 14,800 14,800
Sewer Inspection Fees 10,591 2,971 28,000 28,000 19,900
TOTAL SEWER TREATMENT CHARGES $13,258,090 $13,984,049 $14,316,521 $14,494,788 $14,883,847
MISCELLANEOUS
Interest Income $141,334 $677,612 $328,925 $873,825 $866,000
Service Charges 124,772 117,307 128,000 128,000 128,000
Late Charges 512,354 521,887 500,000 500,000 500,000
Miscellaneous 717,790 652,288 45,000 45,000 953,800
Joint Use Reimbursement - Watauga 58,453 93,594 113,143 81,922 111,575
Subdivision Meter Revenue 58,476 35,586 60,621 45,346 60,621
TOTAL MISCELLANEOUS $1,613,179 $2,098,274 $1,175,689 $1,674,093 $2,619,996

TOTAL REVENUE $43,362,991 $45,729,798 $42,675,352 $44,549,918 $45,769,294
APPROPRIATION OF FUND BALANCE
Appropriation of Fund Balance $0 $0 $151,783 $0 $0
TOTAL APPROPRIATION OF FUND BALANCE $0 $0 $151,783 $0 $0

TOTAL RESOURCES $43,362,992 $45,729,799 $42,827,135 $44,549,918 $45,769,294

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