Page 118 - CityofWataugaAdoptedBudgetFY25

COMBINED SUMMARY OF REVENUE AND EXPENDITURES (3 YEAR)
ALL CITY FUNDS

DEBT SERVICE FUNDS INTERNAL SERVICE FUND NON MAJOR GOVT FUNDS ALL CITY FUNDS TOTAL
FY2023 FY2024 FY2025 FY2023 FY2024 FY2025 FY2023 FY2024 FY2023 FY2025
ACTUAL ESTIMATE BUDGET ACTUAL ESTIMATE BUDGET ACTUAL ESTIMATE FY2025 BUDGET ACTUAL FY2024 ESTIMATE BUDGET
Estimated Beginning Resources $914,399 $929,424 $1,210,931 $1,497,989 $2,056,119 $1,802,579 $4,204,287 $4,432,086 $4,892,412 $47,800,091 $56,975,510 51,308,821
Estimated Revenues
Taxes / Assessments 3,493,216 4,218,000 4,425,000 10,220,724 11,527,300 12,225,000
Sales Tax 2,850,052 2,973,000 2,973,000 7,695,042 7,863,300 7,937,980
Licenses and Permits 783,980 831,450 825,500
Franchise Fees 24,813 28,000 24,000 904,302 873,500 883,500
Intergovt Revenue - - - 514,000 503,000 562,000
Charges for Service 87,660 87,660 137,660 151,136 90,000 151,000 12,063,925 12,269,960 13,175,160
Fines & Forfeitures 37,914 48,300 47,300 508,588 537,200 637,800
Interest on Investments 40,873 65,000 40,000 75,951 105,000 65,000 176,514 165,250 124,100 1,803,728 2,383,750 1,886,100
Grant Revenue 1,842,940 1,391,000 2,352,049 2,642,940 1,391,000 5,702,049
Miscellaneous 91,413 79,846 82,500 10,620,208 8,397,846 1,109,700
Operating Transfer In 1,879,200 1,949,000 2,175,000 550,000 565,000 385,000 - 3,921,765 3,730,000 4,328,640
Total Current Year
Revenues 5,413,289 6,232,000 6,640,000 713,611 757,660 587,660 5,174,782 4,775,396 5,753,949 51,679,202 50,308,306 49,273,429
- -
Total Available Resources 6,327,688 7,161,424 7,850,931 2,211,600 2,813,779 2,390,239 9,379,069 9,207,482 10,646,361 99,479,292 107,283,816 100,582,250

Estimated Expenditures -
City Manager/City Secretary 2,006 1,000 5,000 692,901 753,340 873,700
Building 987,232 1,068,700 1,041,400
Human Resources 207,594 261,102 339,850
Development Services 206,394 286,460 369,040
Economic Dev./Strategic Inn. 45,626 107,950 134,600 45,626 107,950 134,600
Finance 56,398 97,450 115,350 1,006,128 1,110,830 1,227,800
Library 759 10,000 10,000 1,003,071 1,169,150 1,254,700
Rec & Comm Svc 394,219 737,170 760,740
Parks 627,082 941,385 878,360
Police 1,718,849 1,822,800 2,189,750 6,359,810 6,651,000 7,467,950
Fire / EMS 3,735,025 4,066,760 4,129,640
Public Works 286,997 2,015,589 1,515,405 1,622,090
Fleet Services 93,813 75,900 97,900 332,018 364,850 559,150
Non-Departmental 86,870 1,555,540 1,861,555 1,861,810
Information Technology 683,298 772,525 846,840
Billing & Collection 571,677 603,450 610,030
Water Operations 2,592,204 2,706,130 2,912,840
Wastewater Operations 2,861,740 3,504,364 3,676,050
Grant Expenditures 1,717,161 1,285,000 41,000 1,717,161 1,285,000 41,000
Operating Transfer Out - - 457,527 466,000 599,640 3,912,779 3,680,000 4,328,640
Sub Total Operating 286,997 - - 4,092,139 3,952,970 3,193,240 31,507,088 33,447,126 34,936,230
Capital Projects/Equip 154,446 1,011,200 949,800 854,843 362,100 2,781,799 6,487,041 16,558,037 33,572,093
Debt Service
Principal Payments 4,195,000 4,525,000 4,995,071 4,258,068 4,585,500 4,995,071
Interest Payments 1,199,665 1,422,073 1,631,939 1,199,665 1,422,073 1,631,939
Fiscal Agent Fees 3,600 3,422 3,600 3,600 3,422 3,600
Sub Total Debt Service 5,398,265 5,950,495 6,630,610 5,461,333 6,010,995 6,630,610
Total Expenditures 5,398,265 5,950,495 6,630,610 441,443 1,011,200 949,800 4,946,982 4,315,070 5,975,039 43,455,462 56,016,158 75,138,933
Change in Fund Balance 15,024 281,505 9,390 272,168 (253,540) (362,140) 227,800 460,326 (221,090) 8,223,740 (5,707,852) (25,865,504)
Est. Ending Resources $929,423 $1,210,929 $1,220,321 $1,770,157 $1,802,579 $1,440,439 $4,432,087 $4,892,412 $4,671,322 56,023,830 51,267,658 25,443,317

Non-major funds include Economic Development Corporation Sales tax Fund, Crime Control District Sales Tax
Fund, Library Donation Fund, Street Maintenance Fund, Municipal Court Funds, Traffic Safety Fund and Grant
Funds.

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