Laserfiche WebLink
WATER OPERATING FUND <br />ENTERPRISE FUNDS <br />ACTIVITY DESCRIPTION: <br />The Water Operating Fund is responsible for the maintenance of all water lines in the City. The <br />Water Operating Fund is self-sustaining from revenues derived from utility charges. <br />GOALS: <br />1. Keep all water lines functioning safely and efficiently. <br />MEASURABLE WORKLOAD DATA: <br />2020 2021 2022 2023 <br />ACTUAL ACTUAL ACTUAL ESTIMATED <br />Gals of Water Used 2,607,514 2,550,581 1,742,440 2,000,000 <br />BUDGET COMMENTARY <br />The main revenue source is water revenues, which are based on the number of gallons used. Water <br />charges are estimated to generate revenues of $20,000 and currently no rate increase was used to <br />estimate 2023 revenues, however the rates will be monitored to be sure customers are paying for <br />the operations and replacement of the system. <br />Interest income is another revenue source and is based on estimated interest earning. <br />On the expense side, the largest expense within Other Services and Charges are the charges from <br />other communities for the use of their water system. <br />56 <br />