FY 23 Approved Budget Book

WATER & SEWER

FINANCIAL NOTES:

FY 22

FY 23

CHANGE

EXPLANATION OF INCREASE/DECREASE - REVENUES

227,687

156,000

(71,687)

INVESTMENT INCOME: FY 23 estimated revenue for investment income is based on the economy

2,609,513 2,552,700

(56,813)

MISCELLANEOUS REVENUE: Includes sundry fines and forfeitures, sale of land and surplus equipment/vehicles, rents and concessions, lease purchase proceeds, MDE-ENR state operating grants and other revenue that can not be classified. For FY 23 miscellaneous revenue includes Net Assets-Appropriated for a total of $1,910,000

13,965,000 14,300,000

335,000

FUNDED DEPRECIATION-CONTRIBUTED CAPITAL: Annual depreciation charges increase for FY 23.

50,000

50,000

0

RECOVERY FROM CAPITAL PROJECTS: Cost of services billed to capital projects and recovered back to the operating budget. FY 23 estimated revenues are based on FY 22 actuals.

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