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2016-2020 FINANCIAL PLAN
Water—Significant Changes
2015 ADOPTED BUDGET
68,192
$
REVENUES
Taxation
Local Improvement
…………………………….
(27)
$
(27)
Investment Income
(279)
Penalties and Interest on Taxes
22
Sales & Services
Rate Change
…………………………….
2,160
Growth
…………………………….
93
Conversions
…………………………….
(44)
Connection Fees/Special Reads
…………………………….
16
2,225
Total Change in Revenue
1,941
2016 REVENUE BUDGET
70,133
EXPENDITURES
Expenditures
Inventory Increase
…………………………….
421
Increase in Non-Capital Items from 10Yr plan
…………………………….
(275)
Increase in Utility Fee
…………………………….
(715)
Increase in GVWD Water Costs
…………………………….
(977)
(1,546)
Interest Allocated to Appropriated Surplus
(119)
Contribution to Capital
Non-Growth
…………………………….
102
DCC Contributions
…………………………….
64
Transfer to Roads Capital
…………………………….
14
180
Net Transfers
Contribution to Operating Fund
…………………………….
391
Utility Building
…………………………….
(512)
Increase Funding from Rates Reserve
…………………………….
3,547
3,426
Total Change in Expenditures
1,941
2016 EXPENDITURE BUDGET
70,133
2016 BUDGET
-
$
307