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Water Fund Summary
<br />
<br /> PROJECTED REVENUE
<br />
<br /> Revised Over (Under)
<br /> Budget Estimate Difference
<br />
<br /> Water Sales $2,918,316 $2,991,274 $ 72,958
<br /> Sales of Meters 112,350 112,350 -
<br /> Other 10,000 10,000 -
<br /> Interest Income 7,500 7,500 -
<br />
<br /> TOTAL $3,048,166 $3,121,124 $ 72,958
<br />
<br /> EXPENDITURE PROJECTIONS
<br />
<br /> Operating Budget $2,780,238 $3,029,765 $249,527
<br /> Debt Service 54,316 54,316 -
<br />
<br /> TOTAL $2,834,554 $3,084,081 $249,527
<br />
<br /> FUND BALANCE PROJECTION
<br />
<br />Fund Balance 7/1/87 $ 376,901 $ 904,291 $527,390
<br />Projected Revenue 3,048,166 3,121,124 72,958
<br />Projected
<br />Expenditures 2,834,554 3,084,081 249,527
<br />Transfers-
<br />Depreciation &
<br />Overhead (Net) <123,700> <127,200> <3,500>
<br />
<br />Projected Fund
<br /> Balance 6/30/88 $ 466,813 $ 814,134 $347,321
<br />
<br />Respectfully submitted,
<br />
<br />Rodney Davenport
<br />Director of Finance City Manager
<br />
<br />RD/ph(pccmidyr)
<br />Attachments
<br />
<br />SR:88:123
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