FY 24 APPROVED OPERATING BUDGET

WATER & SEWER

FINANCIAL NOTES:

FY 23

FY 24 CHANGE EXPLANATION OF INCREASE/DECREASE - REVENUES

156,000 6,264,500 6,108,500 INVESTMENT INCOME:

FY 24 estimated revenue for investment income is based on the economy

2,552,700 743,900 (1,808,800) 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 included Net Assets-Appropriated for a total of $1,910,000

14,300,000

0 (14,300,000) FUNDED DEPRECIATION-CONTRIBUTED CAPITAL: Annual depreciation - no appropriation for FY 24

0

16,660,000 16,660,000 NET ASSETS-APPROPRIATED Net Assets-Appropriated for FY 24

50,000

0

(50,000) RECOVERY FROM CAPITAL PROJECTS:

Cost of services billed to capital projects and recovered back to the operating budget. Estimated revenues for FY 24 is zero

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