Page 68 - CityofLakeWorthFY26AdoptedBudget
P. 68
City of Lake Worth
Revenues Needed From Water Rates
FYE 2026
Adopted
O&M
Personnel 482,667
Supplies 73,650
Maintenance 50,680
Equipment Maintenance 36,100
Services 154,779
Other 145,270
Transfers 104,564
Total O&M 1,047,710
Water Purchases 700,000
Debt 402,357
Depreciation (*) 189,540
1,291,897
Total Revenue Needed 2,339,607
Less other Revenues
Water Tap Fees 10,000
Water Service Charges 69,000
New Service Fee 3,000
Bad Debt Recovered 60
Interest Income 162,000
Garbage Billing Fee 5,400
Emp Benefit Disc -
Cell Tower Leases 19,309
Miscellaneous 7,800
Contribution-EDC -
Total Other Revenue 276,569
Total needed from Rates 2,063,038
Projected Rate Revenue 2,590,877
Rate Surplus/(Deficit) 527,839
Projected Rate Revenue includes a 1%
rate increase.
