Proposed FY2023-24 & Planning FY2024-25 Budget

502 PUBLIC UTILITY FUND CITY OF DESOTO DETAILS

Actuals FY

Actuals FY

Budget FY

Projected FY

Proposed FY

Planning FY

LINE ITEMS

2021

2022

2023

2023

2024

2025

54680 EMERGENCY MAINTENANCE 55090 PROFESSIONAL SERVICES 55102 UTILITY COLLECTION EXPENSE

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

307,743 $

287,963 $

100,000 160,687 12,000 14,250 105,000 2,900 45,500 18,000 688,544 129,142 10,000 962,290 2,000 500 5,000

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $

100,000 147,500 12,000 14,250 105,000 2,900 45,500 18,000 688,544 129,142 10,000 962,290 2,000 500 5,000

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $

300,000 191,000 12,000 14,000

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

300,000 61,000 12,000 14,000

104,790

$ $ $ $ $ $ $ $ $ $ $ $

58,229 15,417 5,216 89,941

$ $ $ $ $ $ $ $ $ $ $ $

8,845 7,994

55125 PRINTING & BINDING 55145 INSURANCE EXPENSE

86,500

-

-

55170 RENTALS-BLDG LAND & SPACE

- -

- -

2,000 3,500 1,950

2,000 3,500 1,950

55195 ANNUAL AWARDS

55230 MEMBERSHIPS & SUBSCRIPTIONS 55235 TRAINING AND TRAVEL EXPENSES

3,558 3,772

2,820 4,670

15,700 50,000 688,544

15,700 50,000 688,544

55275 RATE STUDY

18,000

18,000

55305 PILOT-TO GEN. FUND 55312 LEGAL-CITY ATTORNEY

688,544 $

688,544 $

8,783 95,226

-

5,000

5,000

55415 OTHER CONTRACTUAL SERVICES

70,971

129,142

129,142

55555 CLAIM SETTLEMENTS

-

500

-

-

55635 FRANCHISE FEE PAID TO G.F. 56355 WATER SERVICE(DALLAS WTR UTIL)

962,290 $ 5,544,405 $

962,290 $ 5,791,223 $

962,290 6,675,000

962,290 6,675,000

6,353,000 $

6,353,000 $

56450 TELEPHONE SERVICE

23,014

$

20,643

$

25,730

$

25,730

$

25,730

25,730

8,168,496 $

8,110,526 $

56640 SANITARY SEWER SERVE-TRA 57170 MISCELLANEOUS EXPENDITURES

7,622,051 $

8,110,526 $

8,516,000

8,516,000

-

$ $

7,170

$ $

5,000

$ $

5,000

$ $

5,000

5,000

57260 CASH OVER/SHORT

(20)

(30)

150

150

150

150

SERVICES AND PROFESSIONAL FEES

$ 17,370,370 $ 18,118,109 $ 18,884,836 $

18,864,595 $

19,671,844 $

19,541,844

58320 CAPITALIZED MACH. & EQUIP.

- - - -

$ $ $ $

- -

$ $ $ $

90,000 90,000

$ $ $ $ $ $ $ $ $ $ $

90,000 90,000

$ $ $ $ $ $ $ $ $ $ $

- -

- -

CAPITAL OUTLAY

50775 PAYING/ESCROW AGENT EXPENSES

750 750

1,500 1,500

1,500 1,500

1,500 1,500

1,500 1,500

DEBT SERVICE

59107 TRANSFER TO 107- LIABILITY INSURANCE 59230 TRANS TO 230-ENERGY MANAGEMENT 59412 TRANS TO 412 ELECTRONIC EQUIP 59420 TRANS TO 420-EQUIP REPLACEMENT 59503 TRANS TO 503 METER REPLACE 59504 TRANS TO 504 EQUIP REPLACEMENT 59505 TRANS TO 505-BUILD CONSTRUCTIO 59508 TRANS TO 508 CAPITAL PROJECTS

-

$

-

$

-

-

175,000 415,758 463,216

175,000 415,758 463,216

415,758 $

415,758 $ 463,216 $ 800,000 $ 174,000 $ - $ 1,980,574 $ 8,833,548 $ 5,000,000 $

415,758 463,216 800,000 145,000 -

415,758 463,216 800,000 145,000 -

58,216

$ $

-

-

-

300,000 $ 123,700 $ 1,000,000 $ 1,525,221 $ 3,422,895 $

1,000,000 388,435 500,000 2,539,103 5,481,512

1,000,000 388,435 500,000 2,532,186 5,474,595

-

-

1,977,433 $ 3,801,407 $

5,977,433 $ 7,801,407 $

TRANSFERS

TOTAL EXPENSES

$ 22,872,888 $ 29,216,696 $ 25,979,000 $

29,958,759 $

28,003,888 $

27,940,215

WORKING CAPITAL-ENDING BALANCE 14,766,057 $ $ 13,796,865 $ 13,496,636 $

9,168,365 $

7,332,097

$

6,169,158

4,574,578 6,861,866 8,005,511 10,191,479 7,904,191 6,760,546

5,843,339 8,765,009 10,225,844 7,953,526 5,031,856 3,571,021

5,195,800 7,793,700 9,092,650 8,300,836 5,702,936 4,403,986

5,991,752 8,987,628 10,485,566

5,600,778 8,401,166 9,801,361 1,731,319 (1,069,070) (2,469,264)

5,588,043 8,382,065 9,779,075

Minimum Reserve Requirement 20% Target Reserve Requirement 30% Maxium Reserve Requirement 35% Over/(Under) Minimum Reserve Requirement Over/(Under) Target Reserve Requirement Over/(Under) Maxium Reserve Requirement

3,176,613

581,115

180,737

(2,212,907) (3,609,918)

(1,317,201)

# days covered

387

283

312

184

157

132

9- 30

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