Page 200 - CITY OF WATAUGA, TEXAS ANNUAL BUDGET PORTRAIT

Water and Sewer Certificates of Obligation
Budget Summary FUND 44

HISTORY CURRENT YEAR BUDGET
2022‐23 2023‐24 2024‐25 2024‐25 2025‐2026
Actual Actual Budget Estimated Budget *
Fund Balance, October 1 $129,544 $55,751 $59,564 $59,564 $20,732
Revenue:
Transfer from W/S Op Fund 1,726,000 1,800,000 2,025,000 2,025,000 2,215,500
Transfer from W/S CO 0 0 0 0 0
Interest income 0 0 0 0 0
Total Revenue 1,726,000 1,800,000 2,025,000 2,025,000 2,215,500

Total Available Resources 1,855,544 1,855,751 2,084,564 2,084,564 2,236,232

Debt Service Requirements:
Series 2011 CO/Refunding
Principal 0 0 235,000 235,000 235,000
Interest 2,293 3,540 4,124 4,124 1,375

Series 2024 CO
Principal 0 0 0 125,000 110,000
Interest 0 0 0 138,110 137,950

Series 2012 CO/Refunding
Principal 0 0 385,000 385,000 400,000
Interest 113,000 100,000 88,525 88,525 76,750

Series 2017 CO
Principal 0 0 440,071 335,000 345,000
Interest 172,425 162,825 323,298 152,925 142,725

Series 2019 CO
Principal 0 0 295,000 295,000 310,000
Interest 207,023 193,023 182,948 182,948 172,248

Series 2022 CO 0 0 110,000 110,000 110,000
18,852 15,500 11,200 11,200 6,800

Series 2025 CO (Est.) 0 0 0 0 113,000
0 0 0 0 74,000

Transfer Principal to Utility Construction 1,285,000 1,320,000 0 0 0
Transfer to W/S Rev

Fiscal Agent Charges 1,200 1,300 1,000 1,000 1,100
Total Debt Service Requirements 1,799,792 1,796,188 2,076,166 2,063,832 2,235,948

Fund Balance, September 30 $55,751 $59,564 $8,398 $20,732 $284

*Fund 42 fund balance included

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