Page 26 - 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
EXPENDITURES

WATER SERVICES
Water Operations $4,312,789 $3,713,512 $4,685,785 $4,733,761 $5,058,454
Purchase of Water FTW 4,106,834 3,764,898 3,997,048 3,997,048 3,696,004
Purchase of Water TRA 7,677,095 8,729,334 8,081,645 8,081,645 8,857,140
TOTAL WATER SERVICES $16,096,718 $16,207,743 $16,764,478 $16,812,454 $17,611,598

SEWER TREATMENT SERVICES
Sewer Operations $1,443,863 $1,386,452 $1,531,787 $1,522,822 $1,463,226
Sewer Treatment FTW 913,219 1,389,175 1,694,260 1,694,260 1,728,068
Sewer Treatment TRA 5,154,153 5,979,273 6,363,226 6,363,226 6,724,096
TOTAL SEWER TREATMENT SERVICES $7,511,235 $8,754,900 $9,589,273 $9,580,308 $9,915,390
UTILITY BILLING & FINANCIAL SERVICES
Utility Meter Reading $560,341 $590,983 $581,943 $674,954 $741,447
Utility Billing & Customer Service 1,116,392 1,207,235 1,267,955 1,176,765 1,197,891
Utility Collection Services 261,188 244,212 259,472 256,178 297,970
Accounting Services 456,860 434,353 433,485 427,777 440,657
Budget & Research 228,515 272,731 279,714 277,100 285,089
TOTAL UTILITY BILLING & FINANCIAL $2,623,296 $2,749,515 $2,822,569 $2,812,774 $2,963,054

OTHER OPERATING EXPENDITURES
Administration $396,375 $391,389 $412,504 $409,979 $387,842
Development 993,224 1,087,039 1,318,253 1,305,045 1,382,600
Right of Way Maintenance 293,010 271,211 329,345 354,822 329,234
Utility Construction Crew & Support 1,133,617 1,273,927 1,384,505 1,368,441 1,337,259
Building Services 1,822,929 1,852,138 1,852,138 1,852,138 1,852,138
Non Departmental 891,627 3,252,484 494,519 591,222 1,262,680
TOTAL OTHER OPERATING $5,530,782 $8,128,189 $5,791,264 $5,881,647 $6,551,753
TOTAL DEPARTMENT EXPENDITURES $31,762,032 $35,840,348 $34,967,584 $35,087,183 $37,041,795

OTHER & RESERVES
Debt Service $1,656,963 $2,146,451 $2,578,904 $2,578,904 $2,453,538
Franchise Fees 1,233,378 1,243,806 1,239,749 1,211,438 1,261,825
Indirect Costs 2,182,170 2,182,170 2,182,176 2,182,176 2,182,176
Payment in Lieu of Taxes 405,242 399,222 399,222 399,222 399,222
Transfer for IT & Support Services 175,000 175,000 209,500 209,500 175,000
Transfer to Capital 778,620 1,460,000 1,250,000 1,250,000 2,086,600
Planned Contribution to Fund Balance 0 0 0 1,631,495 169,138
TOTAL OTHER & RESERVES $6,431,373 $7,606,649 $7,859,551 $9,462,735 $8,727,499

TOTAL EXPENDITURES $38,193,405 $43,446,997 $42,827,135 $44,549,918 $45,769,294

BALANCE $5,169,586 $2,282,802 $0 $0 $0

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