Page 114 - CityofWataugaAdoptedBudgetFY25

COMBINED SUMMARY OF REVENUES AND EXPENDITURES
ALL CITY FUNDS

W/S Joint Use Library Municipal Traffic W/S Sewer
Facility Fund EDC Capital Fleet ILA Donation PEG Fee Court Funds Safety Grant Funds GO Debt Service Debt Service Combined Total
46 Projects 05 Fund 21 Fund 23 Fund 24 25/26/27/29 Fund 28 10, 12 Fund 03 42/44 All Funds
Estimated Beginning
Resources $1,397,154 $24,345 $124,894 $68,545 $134,434 $214,245 $579 $7,920 $1,151,542 $56,589 $51,308,943
Estimated Revenues
Taxes / Assessments 4,425,000 12,225,000
Sales Tax 7,937,980
Licenses and Permits 825,500
Franchise Fees 24,000 883,500
Intergovt Revenue 562,000
Charges for Service 151,000 13,175,160
Fines & Forfeitures 47,300 - 637,800
Interest on Investments - 2,000 - 100 3,500 10,500 - - 40,000 - 1,886,100
Grant Revenue 2,352,049 5,702,049
Miscellaneous 6,000 - 1,109,700

Operating Transfer In 60,000 100,000 - 150,000 2,025,000 4,328,640
Total Current Year
Revenues 60,000 102,000 151,000 6,100 27,500 57,800 - 2,352,049 4,615,000 2,025,000 49,273,429
Total Available Resources 1,457,154 126,345 275,894 74,645 161,934 272,045 579 2,359,969 5,766,542 2,081,589 100,582,372

Estimated Expenditures
City Manager 320,500
City Secretary/Admin 458,200
City Attorney 95,000
Public Works Bldg. Maint. 1,041,400
Human Resources 339,850
Public Works - Dev. Svcs. 369,040
Economic Development 134,600
Strategic Initiative Projects -
Finance - 650,660
Municipal Court 115,350 577,140
Library 10,000 1,254,700
Rec & Comm Svc 760,740
Parks 878,360
Police - 7,467,950
Fire / EMS 4,129,640
Public Works 1,622,090
Public Works - Fleet 97,900 559,150
Non-Departmental - - - 1,861,810
Information Technology 846,840
Billing & Collection 610,030
Water Operations 2,912,840
Wastewater Operations 3,676,050
Grant Expenditures 41,000 41,000
CARES/CLFRF Grant xfer -
Operating Transfer Out 50,000 - - - - 4,328,640
Sub Total Operating 50,000 - 97,900 10,000 - 115,350 - 41,000 - - 34,936,230

Capital Projects/Equip - 100,000 - 10,000 - 2,311,049 33,572,093
Debt Service
Principal Payments 3,530,000 1,465,071 4,995,071
Interest Payments 1,021,844 610,095 1,631,939

Fiscal Agent Fees 2,600 1,000 3,600
Sub Total Debt Service - - - - - - 4,554,444 2,076,166 6,630,610
Total Expenditures 50,000 100,000 97,900 10,000 10,000 115,350 - 2,352,049 4,554,444 2,076,166 75,138,933

Change in Fund Balance 10,000 2,000 53,100 (3,900) 17,500 (57,550) - - 60,556 (51,166) (25,865,504)
Est. Ending Resources $1,407,154 $26,345 $177,994 $64,645 $151,934 $156,695 $579 $7,920 $1,212,098 $ 5,423 $25,443,439
% operating expenditures
$ Requirement $0 $0 $0 $0 $0 $0 $0 $7,920 $264,000 $0 $8,698,664
%Policy Requirement 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
OVER/UNDER REQUIRE $1,407,154 $26,345 $177,994 $64,645 $151,934 $156,695 $579 $7,920 $948,098 $ 5,423 $16,744,776
FUND BALANCE CHANGE % 0.7% 8.2% 42.5% -5.7% 13.0% -26.9% 0.0% 0.0% 5.3% -90.4% -50.4%

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