Page 309 - FY 2026-2027 Adopted Budget Book

FY 2024 FY 2025 FY 2026 Amended FY 2026 FY 2027 Proposed %
Actuals Actuals Budget Projection Budget Change
Interest Expense $3,034,213 $3,705,528 $3,536,152 $3,536,152 $3,310,626 -6%
Software Subscriptions – – $590 $429 $430 -27%
Bond Issuance Costs -$7,449 $0 $0 $1 $0 –
Paying Agent Fees $6,163 $6,188 $5,810 $5,747 $5,448 -6%
Bad Debts -$1,371 $12,139 $0 $0 $0 –
DEBT SERVICE TOTAL $7,976,555 $8,594,620 $8,412,552 $8,412,329 $8,411,504 0%
NO DEPARTMENT TOTAL $7,984,264 $8,611,115 $8,425,092 $8,420,967 $8,419,894 0%
INTEREST AND SINKING
FUND TOTAL $7,984,264 $8,611,115 $8,425,092 $8,420,967 $8,419,894 0%
Water and Sewer Fund
No Department
Personnel
Salaries $5,783 $0 $251 $0 $11,600 4,522%
Pension Expense $15,164 -$110,276 $0 $0 $0 –
Other Post-Employment -$3,749 $580 $0 $0 $0 –
Benefits
PERSONNEL TOTAL $17,198 -$109,696 $251 $0 $11,600 4,522%
Maintenance
Equipment Maintenance $22,989 $0 $0 $0 $0 –
MAINTENANCE TOTAL $22,989 $0 $0 $0 $0 –
Contractual Services
Contractual Services $13,590 $20,007 $15,210 $16,976 $16,715 10%
Software -$590 $0 $0 $0 $0 –
Insurance $15,227 $6,989 $7,000 $6,470 $73,000 943%
Bank and Credit Card Fees $24,115 $27,495 $23,965 $25,297 $26,400 10%
Trunked Radio System $5,517 $8,767 $22,237 $11,262 $21,160 -5%
CONTRACTUAL
SERVICES TOTAL $57,859 $63,257 $68,412 $60,005 $137,275 101%
Capital Outlay
Depreciation $2,016,083 $2,120,419 $0 $0 $0 –
CAPITAL OUTLAY TOTAL $2,016,083 $2,120,419 $0 $0 $0 –
Debt Service
Debt Principal $2,455,000 $2,605,000 $2,665,000 $2,665,000 $2,755,000 3%
Interest Expense $1,470,219 $1,503,546 $1,447,468 $1,447,468 $1,380,736 -5%
Lease Expense $1,836 $4,137 $18,485 $2,334 $19,415 5%
Software Subscriptions – – $38,648 $38,631 $39,966 3%
Paying Agent Fees $5,913 $5,163 $7,155 $7,286 $7,287 2%
Amortization $39,512 $31,941 $0 $0 $0 –
Bad Debts $98,829 $159,326 $0 $0 $0 –
DEBT SERVICE TOTAL $4,071,308 $4,309,112 $4,176,756 $4,160,719 $4,202,404 1%
Transfers
Transfer Out $2,743,760 $2,743,760 $2,911,685 $2,911,685 $3,250,720 12%
TRANSFERS TOTAL $2,743,760 $2,743,760 $2,911,685 $2,911,685 $3,250,720 12%
NO DEPARTMENT TOTAL $8,929,197 $9,126,853 $7,157,104 $7,132,409 $7,601,999 6%
WATER AND SEWER FUND $8,929,197 $9,126,853 $7,157,104 $7,132,409 $7,601,999 6%
TOTAL
Stormwater Fund
No Department
Capital Outlay
Depreciation $328,725 $642,669 $0 $0 $0 –
CAPITAL OUTLAY TOTAL $328,725 $642,669 $0 $0 $0 –
NO DEPARTMENT TOTAL $328,725 $642,669 $0 $0 $0 –

FY 2026-2027 Adopted Budget Book · September 15, 2026 305