FY 24 APPROVED OPERATING BUDGET

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, 2022

511,747,863

0

Less Invested in Capital Assets, Net of Related Debt

(324,912,563) (124,386,096)

0

Restricted - Capital Project/Debt Service

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

62,449,204

0

2023 Estimated Revenues

59,785,000 (58,922,380)

12,338,600 (12,338,600)

Less 2023 Estimated Expenditures

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

63,311,824

0

Fiscal Year 2024 Estimated Revenues

63,155,000 (79,815,000)

12,585,000 (12,585,000)

Less Fiscal Year 2024 Estimated Expenditures

Net Assets Available for Appropriation at June 30, 2024 Unrestricted Net Position

46,651,824

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.

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