FY2024 Adopted Operating and Capital Budgets

FY2024 Adopted Budget Fund Budgets

Water & Sewer

Actual

Actual

Adopted

Adopted Change

2021

2022

2023

2024

%

REVENUES

State Funding Fees & Charges

3,300,000 47,474,074

585,257

300,000

300,000

-%

46,405,823

46,999,759

51,432,407

9.4%

Investment Earnings Miscellaneous Revenue Budgeted Fund Balance Other Financing Sources

202,401

264,302

250,000

300,000 20.0% 23,730,797 -0.1% 9,037,364 -36.8%

43,284,205

30,432,389

23,761,854 14,308,007 (14,041,735) 71,577,885

-

-

33,921

(9,187)

(17,903,000)

27.5%

Total

94,294,601

77,678,584

66,897,568 -6.5%

EXPENDITURES Salaries - Regular Employees

9,473,169

10,068,438

12,221,894

14,636,168 19.8%

Salaries - Overtime

349

600

-

- -

-%

Benefits

25

85

44,888 33,970

-100.0%

Professional & Technical Services

8,993

66,028

19,735 -41.9% 4,972,971 12.8% 4,300,980 -49.7% 8,797,611 43.9% 5,626,770 28.5% 17,835,430 -5.1% 207,000 -9.9% 940,577 5,326.8% 10,010,326 -41.9%

Property Services Repair/Maintenance

3,965,332 4,783,391 3,355,651 3,749,157 22,107,955 1,003,700 2,927,297 (1,282,561) 50,610,281 517,823

4,363,598 7,160,065 3,650,766 3,866,435 23,428,899

4,407,614 8,546,620 6,115,653 4,378,839 18,802,922

Other Services

Supplies

Miscellaneous Expense

Capital

424,635 70,377

229,740 17,332

Other Financing Uses

Debt Costs

2,964,302 (940,590) 55,123,638

17,228,413

Reimbursements

(450,000)

(450,000)

-%

Total

71,577,885

66,897,568 -6.5%

Full-Time Equivalents

137.50

141.10

146.10

148.30

1.5%

125