DeSoto FY21----FY22-Approved-Budget

CITY OF DESOTO FUND PUBLIC UTILITY FUND 502 SUMMARY

Actuals FY Budget FY Projected FY Adopted FY Planning FY 2019 2020 2020 2021 2022 WORKING CAPITAL-BEGINNING BAL. $10,685,058 $10,679,147 $10,679,147 $10,511,474 $11,057,856 REVENUES WATER & SEWER SALES $22,038,519 $23,064,500 $23,064,500 $23,564,500 $25,265,460 WATER & SEWER CONNECTION $36,626 $81,000 $81,000 $81,000 $81,000 WATER & SEWER SENIOR DISCOUNTS ($225,582) ($230,000) ($230,000) ($230,000) ($230,000) PENALTY FEES $329,595 $346,000 $346,000 $346,000 $346,000 INTEREST REVENUES $173,056 $28,000 $124,500 $50,000 $50,000 TRANSFERS FROM OTHER FUNDS $0 $0 $0 $0 $0 MISCELLANEOUS/BOND PROCEEDS $1,412,754 $27,000 $27,000 $27,000 $27,000 TOTAL REVENUES $23,764,968 $23,316,500 $23,413,000 $23,838,500 $25,539,460 TOTAL AVAILABLE RESOURCES $34,450,026 $33,995,647 $34,092,147 $34,349,974 $36,597,316 LINE ITEMS

APPROPRIATIONS PERSONNEL

$2,452,446 $2,396,539 $2,450,539 $2,397,350 $2,494,434

SUPPLIES

$150,949

$219,484

$267,588

$199,888

$198,988

SERVICES & PROFESSIONAL FEES

$16,097,428 $16,923,496 $16,913,403 $17,270,985 $17,935,581

CAPITAL OUTLAY

$0

$132,511

$82,000

$0

$0

TRANSFERS TO OTHER FUNDS

$5,068,755 $3,866,143 $3,866,143 $3,422,895 $3,400,895

DEBT SERVICE

$1,300

$1,000

$1,000

$1,000

$1,000

TOTAL APPROPRIATIONS

$23,770,879 $23,539,173 $23,580,673 $23,292,118 $24,030,898

WORKING CAPITAL -ENDING BAL. $10,679,147 $10,456,474 $10,511,474 $11,057,856 $12,566,418

7,815,083

7,738,906 2,717,568

7,752,550 2,758,924

7,657,683 3,400,173

7,900,569 4,665,849

Reserve Requirement -120 days

2,864,063.58

Amount over/(under) Reserve Requirement

164

162

163

173

191

# days covered

PERSONNEL: Full Time

31

31

31

33

33

1

1

1

1

1

Part Time

261

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