Page 252 - CityofWataugaAdoptedBudgetFY25

STORM DRAIN UTILITY BUDGET SUMMARY
FUND 15

HISTORY PROJECTED YEAR BUDGET
2021-2022 2022-2023 2023-2024 2023-2024 2024-2025
Actual Actual Budget Projected Budget

Working Capital, October 1* $3,321,060 $4,035,700 $4,319,700 $4,685,464 $4,737,000
Revenues:
Operating Revenues 1,479,826 1,484,499 1,485,000 1,485,000 1,485,000
Interest Income 29,222 181,991 160,000 200,000 130,000
Other Revenue/Grant 27,400 0 0 0 0
Total Revenues $ 1,536,448 $ 1,666,490 $ 1,645,000 $ 1,685,000 $ 1,615,000

Total Available Resources $ 4,857,508 $ 5,702,190 $ 5,964,700 $ 6,370,464 $ 6,352,000
Expenditures:
Personnel 285,428 429,853 506,800 409,700 509,600
Supplies 18,188 21,916 37,400 37,400 37,400
Maintenance 10,284 27,293 37,000 37,000 52,000
Contractual/Sundry 139,331 267,674 356,200 400,255 361,640
Depreciation (non-exp) 444,350 452,861 0 0 0
Total Operating Expenditures 548,858 1,199,597 937,400 884,355 960,640

Operating Transfers-Out
To General Fund 73,500 73,500 74,000 74,000 74,000
To Internal Service Fund 0 0 120,000 120,000 120,000
Total Operating Transfers-Out 73,500 73,500 194,000 194,000 194,000

Operating Surplus/(Deficit) $914,090 $393,393 $ 513,600 $ 606,645 $ 460,360
CAPITAL PROJECTS 158,399 457,260 1,331,300 555,109 3,495,200

TOTAL OPERATING & TRNSFRS&CAP $ 780,757 $ 1,730,357 $ 2,462,700 $ 1,633,464 $ 4,649,840

Working Capital, September 30 $4,076,750 $3,971,833 $3,502,000 $4,737,000 $1,702,160

CHANGE IN NET ASSETS $755,690 ($63,867) ($817,700) $51,536 ($3,034,840)

* Working Capital adjusted to CAFR first of year

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