Page 25 - TownofWestlakeFY26BudgetOrd1029

FISCAL YEAR 2025-2026 BUDGET
Utility Fund

FY2024 FY2025 FY2025 FY2026
Actuals Adopted Amended Adopted
Revenue $9,217,149 $6,352,500 $6,352,500 $8,066,500
Property Taxes $0 $0 $0 $0
Sales Tax $0 $0 $0 $0
Other Taxes $0 $0 $0 $0
Licenses & Permits $68,200 $15,000 $15,000 $15,000
Charges for Service $8,195,111 $6,087,000 $6,087,000 $7,551,500
Fines & Forfeitures $0 $0 $0 $0
Miscellaneous Revenue $953,838 $250,500 $250,500 $500,000
Other Financing Sources $0 $0 $0 $0

Expenditures by Classification $5,492,840 $5,696,935 $5,696,935 $7,508,085
Personnel $360,521 $790,452 $790,452 $866,372
Supplies $125,704 $67,900 $67,900 $31,000
Services $3,798,331 $3,095,032 $3,095,032 $4,444,350
Repairs & Maintenance $378,568 $245,100 $245,100 $441,800
Utilities $263,569 $244,976 $244,976 $165,500
Debt Service $507,748 $20,000 $20,000 $0
Capital Outlay $58,398 $48,000 $48,000 $120,000
Transfers Out $0 $1,185,475 $1,185,475 $1,439,063

Expenditures by Department $5,492,840 $5,696,935 $5,696,935 $7,508,085
General Services $154,972 $2,107,903 $2,107,903 $1,538,344
Council $0 $0 $0 $0
Town Manager $17,924 $0 $0 $101,088
Town Secretary $0 $0 $0 $0
Human Resources $9,101 $0 $0 $0
Finance $82,297 $0 $0 $59,032
Information Technology $0 $0 $0 $0
Communications $0 $0 $0 $0
Fire $0 $0 $0 $0
Police $0 $0 $0 $0
Municipal Court $0 $0 $0 $0
Planning & Development $0 $0 $0 $0
Public Works $5,228,545 $3,589,032 $3,589,032 $5,809,621
Facilities $0 $0 $0 $0
Parks & Recreation $0 $0 $0 $0

Contribution to (Use of) Fund Balance $3,724,310 $655,565 $655,565 $558,415

Ending Fund Balance $3,601,520 $4,257,085 $4,257,085 $4,815,500

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