CIP FY 24-28 9-7-23 FINAL Version - Flipbook - Page 26
Capital Improvements Plan
Table 5
Water & Wastewater
Funds
Investment in Capital
Assets YB
Fund Balance,
Beginning of the Year
Less Investment in
Capital Assets
System Revenue
Combined Water
Combined Wastewater
Reclaimed Water
Interest (Investment
earnings)
Sewer Impact Fees
Water Impact Fees
Sale of Fixed Assets
Contributions,
Donations
Other Income
American Rescue
Federal Grant
Total Revenue
Total Funding
Available
Actual
Actual
Budgeted
Estimated
Projected
Projected
Projected
Projected
Projected
FY 20-21
FY 21-22
FY 22-23
FY 22-23
FY 23-24
FY 24-25
FY 25-26
FY 26-27
FY 27-28
33,433,399
35,369,298
35,369,298
32,521,186
-
-
-
-
-
$ 18,309,362 $ 19,632,634 $ 19,625,886 $19,625,886 $ 14,717,025 $ 1,506,034 $ 2,676,004 $ 3,679,869 $ 3,448,975
5,913,203
5,080,046
440,725
6,073,000
5,306,548
527,062
6,388,000
5,931,500
578,000
6,494,327
5,517,858
706,837
6,656,685
5,655,804
724,508
6,856,386
5,825,479
746,243
7,062,077
6,000,243
768,630
7,273,940
6,180,250
791,689
7,492,158
6,365,658
815,440
32,403
237,432
674,502
98,292
449,394
148,173
-
27,050
356,000
45,000
-
405,035
397,716
11,343
-
409,085
401,693
11,456
-
417,267
409,727
11,686
-
429,785
417,922
11,919
-
442,679
426,280
12,158
-
455,959
434,806
12,401
-
433,978
190,752
790,217
207,793
184,820
230,085
200,000
230,085
200,000
230,085
200,000
236,988
200,000
244,097
200,000
251,420
13,003,041
10,669,685
24,270,164
5,334,843
13,510,370
13,763,201
14,289,317
14,696,872
15,127,564 15,571,093
16,027,841
31,312,403
43,902,798
33,136,256
33,389,087
29,006,342
16,202,906
17,803,568 19,250,961
19,476,817
6,761,413
3,676,243
6,465,546
2,307,931
6,200,000
2,307,301
6,510,000
2,000,000
6,835,500
2,000,000
7,040,565
2,000,000
7,251,782
2,000,000
7,469,335
2,000,000
949,327
262,195
848,334
298,074
848,334
298,074
849,931
312,978
850,139
328,627
855,035
345,058
857,975
362,311
859,970
380,426
12,627,734
24,276,912
9,040,478
18,960,363
9,018,353
18,672,062
17,827,400
27,500,309
3,512,636
13,526,902
3,883,042 5,329,918
14,123,700 15,801,986
3,662,285
14,372,017
(6,748)
(5,449,993)
(4,908,861) (13,210,991)
1,169,971
Less:
Operating Expense
Less Depreciation
6,088,981
Transfer Out
1,806,701
Debt Service
- Principal
1,117,461
Debt Service - Interest
328,748
Water, Wastewater
& Reclaimed Water
Projects
2,337,878
Total Expenses
11,679,769
Net Operating Income
(Loss)
1,323,272
Investment in Capital
Assets YE
33,433,399
Fund Balance, End
of Year
$ 19,632,634 $
1,003,864
(230,893)
1,655,824
35,369,298
19,625,886 $ 14,175,893 $ 14,717,025 $ 1,506,034 $ 2,676,004 $ 3,679,869 $ 3,448,975 $ 5,104,800
1. Beginning Fund Balance in FY20-21 ties with CAFR FY 19-20 Year-end Balance
2. Water and Wastewater revenue projections going forward include a 2.5% increase per year for FY
24/25 and 3% for 26/28.
3. Other revenue projections going forward include a 1% increase per year for FY 24/25 and 3% for
26/28.
4. Impact fee revenue projections going forward include a 2% increase per year for FY 24/25 and 3%
for 26/28 (new subdivisions revenue).
5. Expenditures projections going forward include a 5% increase per year for FY 24/28.
6. CIP Expenditures projections for 23/24, through 27/28 indicated according to the estimated CIP
projects.
7. Analysis assume that project budgets are fully spent each year going forward.
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