Page 312 - CityofLakeWorthFY26AdoptedBudget

CITY OF LAKE WORTH
2025/2026 ADOPTED BUDGET

STORMWATER UTILITY FEE SUMMARY (FUND 115)

2020/2021 2021/2022 2022/2023 2023/2024 2024/2025 2025/2026
CATEGORY ACTUAL ACTUAL ACTUAL ACTUAL ADOPTED ESTIMATED ADOPTED
REVENUE
STORMWATER UTILITY FEE (147,550) (166,927) (169,023) (177,500) (170,500) (170,000)
INVESTMENT INCOME (680) (9,911) (17,812) (14,250) (16,000) (14,400)
MISCELLANEOUS INCOME (4)
USE OF PRIOR YR RESERVES
TOTAL REVENUE 0 (148,230) (176,838) (186,839) (191,750) (186,500) (184,400)
EXPENDITURES
SERVICES (500 SERIES) 1,000 800 1,000 2,500 1,000
MISCELLANEOUS (600 SERIES) 376 330 350 628 350
DRAINAGE IMPR (800 SERIES) 53,506 19,460 450,000
TOTAL EXPENDITURES 0 0 54,882 20,590 1,350 3,128 451,350

VARIANCE-(SURPLUS)/DEFICIT 0 (148,230) (121,956) (166,249) (190,400) (183,372) 266,950

ESTIMATED FUND BALANCES

Fund Balance 09/30/24 (115 3440) 436,436
FYE 09/25 Estimated Surplus/(Deficit) 183,372 A Stormwater Utility is a user-fee-based funding program for

Estimated Fund Balance 09/30/25 619,808 the City's drainage management activities and drainage
FYE 09/26 Budgeted Surplus/(Deficit) (266,950) infrastructure needs.

Estimated Fund Balance 09/30/26 352,858