FY2025 Proposed Operating and Capital Budgets

FY2025 Proposed Budget Fund Budgets

Water & Sewer

Actual

Actual

Adopted

Proposed Change

2022

2023

2024

2025

%

REVENUES

State Funding Fees & Charges

585,257

2,458,661 48,319,926 6,668,899 13,731,707

300,000

400,000 33.3%

46,405,823

51,432,407

53,891,156

4.8%

Investment Earnings Miscellaneous Revenue Budgeted Fund Balance Other Financing Sources

264,302

300,000

2,600,000 766.7% 15,736,298 -33.7% 10,726,512 18.7% (15,000,000) -16.2% 68,353,966 2.2%

30,432,389

23,730,797 9,037,364 (17,903,000) 66,897,568

-

-

(9,187)

(34,561)

Total

77,678,584

71,144,632

EXPENDITURES Salaries - Regular Employees

10,068,438

11,991,397

14,636,168

15,525,739

6.1%

Salaries - Overtime

600

- -

- -

- - -

-% -%

Benefits

85

Professional & Technical Services

66,028

12,283

19,735

-100.0%

Property Services Repair/Maintenance

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

4,730,455 4,472,000 2,728,068 3,702,175 19,073,750

4,972,971 4,300,980 8,797,611 5,626,770 17,835,430

5,420,354

9.0%

4,143,932 -3.7% 10,562,942 20.1% 6,711,745 19.3% 17,599,036 -1.3% 1,189,704 474.7%

Other Services

Supplies

Miscellaneous Expense

Capital

424,635 70,377

119,849

207,000 940,577

Other Financing Uses

3,859

9,070 -99.0%

Debt Costs

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

2,730,731 (184,650) 49,379,917

10,010,326

7,641,444 -23.7%

Reimbursements

(450,000)

(450,000)

-%

Total

66,897,568

68,353,966 2.2%

Full-Time Equivalents

141.10

146.10

148.30

154.30

4.0%

73