Page 46 - CityofLakeWorthFY26AdoptedBudget
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CITY OF LAKE WORTH
2025/2026 ADOPTED BUDGET
WATER/SEWER FUND SUMMARY
CATEGORY 2020/2021 2021/2022 2022/2023 2023/2024 2024/2025 2025/2026
ACTUAL ACTUAL ACTUAL ACTUAL CURRENT ESTIMATED ADOPTED
REVENUE (3,796,921) (4,388,224) (4,938,761) (5,520,972) (4,839,508) (4,848,409) (4,942,710)
USE OF PRIOR YR FUND BALANCE
EXPENSES
WATER ADMINISTRATION 482,234 428,052 437,151 368,258 1,066,508 1,039,514 1,047,667
WATER SUPPLY 730,992 889,327 932,409 856,859 1,015,792 961,841 1,029,623
WATER DISTRIBUTION 480,604 497,915 585,256 650,376 463,201 459,581 506,756
SEWER 1,022,422 1,093,594 1,203,364 1,325,162 1,016,906 958,610 1,010,572
TOTAL EXPENSES 2,716,252 2,908,888 3,158,180 3,200,655 3,562,407 3,419,546 3,594,618
VARIANCE-(SURPLUS)/DEFICIT (1,080,669) (1,479,336) (1,780,581) (2,320,317) (1,277,101) (1,428,863) (1,348,092)
FIXED ASSET TRANSFERS IN 646,150 838,478 938,387 443,339
ADJUSTED (SURPLUS)/DEFICIT (434,519) (640,858) (842,194) (1,876,978) (1,277,101) (1,428,863) (1,348,092)
FY 2024/2025 data does not include depreciation, estimated to be $527,100
FY 2025/2026 proposed budget does not include depreciation, estimated to be $565,900
