FY 23 Approved Budget Book

HARFORD COUNTY, MARYLAND STATEMENTS OF ESTIMATED UNRESTRICTED NET POSITION WATER & SEWER OPERATING FUND AND WATER & SEWER DEBT SERVICE FUND

WATER & SEWER WATER & SEWER OPERATING FUND DEBT SERVICE FUND (1)

TOTAL NET ASSETS AT June 30, 2021

499,035,166

0

Less Invested in Capital Assets, Net of Related Debt

(325,839,113) (122,676,261)

0

Restricted - Capital Project/Debt Service

Net Assets Available for Appropriation at June 30, 2021 Unrestricted Net Position

50,519,792

0

2022 Estimated Revenues

53,839,702 (54,488,624)

19,192,600 (19,192,600)

Less 2022 Estimated Expenditures

Net Assets Available for Appropriation at June 30, 2022 Unrestricted Net Position

49,870,870

0

Fiscal Year 2023 Estimated Revenues

70,200,000 (72,110,000)

20,725,000 (20,725,000)

Less Fiscal Year 2023 Estimated Expenditures

Net Assets Available for Appropriation at June 30, 2023 Unrestricted Net Position

47,960,870

0

(1) It should be noted that while budget policy defines Water & Sewer Debt Service Fund as an individual account for management purposes, the County's financial statements consider it part of the Water & Sewer Fund.

100