Page 11 - CityofRichlandHillsFY25AdoptedBudget

FY 2024-2025 ADOPTED BUDGET

FY 2025 TO FY 2025 TO
WATER & SEWER FUND REVENUES FY 2022 FY 2023 FY 2024 FY 2025 FY 2024 FY 2024
SUMMARY ACTUAL ACTUAL ADPOTED PROPOSED $ CHANGE % CHANGE

WATER SALES $ 2,475,104 $ 2,504,521 $ 2,595,900 $ 2,595,900 $ - 0.0%

WASTEWATER SALES 1,853,498 1,800,000 1,800,000 1,800,000 $ - 0.0%
MISCELLANEOUS INCOME 651,560 902,793 753,000 756,000 $ 3,000 0.4%

TOTAL INCOME $ 4,980,162 $ 5,207,314 $ 5,148,900 $ 5,151,900 $ 3,000 0.1%

Transfers In $ - $ - $ - $ - $ - 0.0%

FY 2025 TO FY 2025 TO
WATER & SEWER FUND EXPENSES FY 2022 FY 2023 FY 2024 FY 2025 FY 2024 FY 2024
SUMMARY ACTUAL ACTUAL ADPOTED PROPOSED $ CHANGE % CHANGE

SHARED SERVICES $ 308,727 $ 299,982 $ 356,494 $ 372,267 $ 15,773 4.4%
ADMINISTRATION 519,553 722,828 754,171 792,366 38,195 5.1%
DEBT SERVICE/NON DEPT. 931,332 1,045,565 1,188,143 1,185,134 (3,009) -0.3%
WATER PRODUCTION & DISTRIBUTION 980,990 919,263 1,744,698 1,810,171 65,473 3.8%
WASTEWATER SERVICES 1,071,374 1,281,776 1,633,536 1,483,374 (150,162) -9.2%

TOTAL EXPENSES $ 3,811,976 $ 4,269,414 $ 5,677,042 $ 5,643,312 $ (33,730) -0.6%

BEGINNING (UNRESTRICTED) NET POSITION $ 3,092,757 $ 2,853,018 $ 3,790,918 $ 3,262,776
TRANSFERS IN (OUT) $ - $ - $ - $ -
ENDING (UNRESTRICTED) NET POSITION $ 2,853,018 $ 3,790,918 $ 3,262,776 $ 2,771,364
90 DAYS RESERVE AMOUNT $ 939,939 $ 1,052,732 $ 1,399,819 $ 1,391,502
AMOUNT OVER/(UNDER) RESERVE REQUIREMENTS $ 1,913,079 $ 2,738,186 $ 1,862,957 $ 1,379,862