FY 25 Harford County Government Proposed Operating Budget

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

WATER & SEWER OPERATING FUND

WATER & SEWER DEBT SERVICE FUND (1)

TOTAL NET POSITION AT JUNE 30, 2023 Less Invested in Capital Assets, Net of Related Debt

$

538,895,344 (323,944,404) (136,273,139)

0

Restricted - Capital Project/Debt Service

0

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

78,677,801

0

Plus: Fiscal Year 2024 Estimated Revenues Less: Fiscal Year 2024 Estimated Expenditures

68,000,000 (59,615,927)

21,600,000 (21,600,000)

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

87,061,874

0

Plus: Fiscal Year 2025 Estimated Revenues Less: Fiscal Year 2025 Estimated Expenditures

69,355,000 (82,059,000)

13,881,500 (13,881,500)

Net Assets Available for Appropriation at June 30, 2025 Unrestricted Net Position

$

74,357,874

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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