PINE-STRAWBERRY WATER IMPROVEMENT DISTRICT
Approved
FINAL APPROVED (6/27/2024) BUDGET (CASH BASIS) FOR FISCAL YEAR 2024/2025
|
REVENUE (CASH IN) |
FY25 |
|
Cash Carry Forward – Reserve Fund |
270,000.00 |
|
Capital Project Carryforward |
600,000.00 |
|
SUBTOTAL: CARRY OVER |
870,000.00 |
|
Property Tax Levies |
1,027,215.00 |
|
Customer Sales-Includes Board Approved 3% Rate Increase |
2,600,000.00 |
|
Miscellaneous Revenues |
400,000.00 |
|
USDA/WIFA Funded CIP Construction Loan |
9,300,000.00 |
|
USDA/WIFA Funded Design Loan |
300,000.00 |
|
Potential Grants/Non-Revenue Funds |
500,000.00 |
|
Sales Tax on Revenues |
178,500.00 |
|
SUBTOTAL: CASH IN FLOWS |
14,305,715.00 |
|
TOTAL REVENUE |
15,175,715.00 |
EXPENSES (CASH OUT)
|
Operations |
435,000.00 |
|
Field Labor & Benefits |
647,000.00 |
|
Administrative – ALL (including labor & benefits) |
600,500.00 |
|
Administrative Professional Fees |
267,625.00 |
|
Capital Projects/Repairs |
1,037,284.00 |
|
Infrastructure Repairs |
350,000.00 |
|
Equipment Replacement |
300,000.00 |
|
USDA/WIFA Funded CIP Construction Loan |
9,300,000.00 |
|
USDA/WIFA Funded Design Loan |
300,000.00 |
|
Potential Grants/Non-Revenue Funds |
500,000.00 |
|
Debt Service/Building & Land Lease |
24,000.00 |
|
Debt Service/WIFA Loan – Principal & Interest |
500,000.00 |
|
Debt Service/USDA Loan – Principal & Interest |
162,972.00 |
|
Debt Service/USDA Loans – Interest Only |
111,537.00 |
|
Debt Service/USDA Loan – Reserve |
16,297.00 |
|
Debt Service/WIFA-USDA Loan – Construction Loan – Interest Only |
175,000.00 |
|
Sales Tax on Revenues |
178,500.00 |
|
SUBTOTAL: OPERATIONS & CAPITAL EXPENSES |
14,905,715.00 |
|
TOTAL EXPENSES |
14,905,715.00 |
Cash Carry Forward – Reserve Fund
SUBTOTAL: RESERVE FUNDS 270,000.00