West Villages Master Irrigation Utility

Amended Final Budget For Fiscal Year 2018/2019
October 1, 2018 - September 30, 2019

AMENDED FINAL BUDGET
WEST VILLAGES MASTER IRRIGATION UTILITY FISCAL YEAR 2018/2019
OCTOBER 1, 2018 - SEPTEMBER 30, 2019

REVENUES	FISCAL YEAR 2018/2019 ANNUAL BUDGET 10/1/18 - 9/30/19	FISCAL YEAR 2018/2019
AMENDED FINAL BUDGET

10/1/18 - 9/30/19	FISCAL YEAR 2018/2019 ACTUAL 10/1/18 - 9/29/19	
Well Availability Charge	0	80,863	80,863	
Capital Recovery	0	26,954	26,954	
Water Usage	0	246,471	246,471	
Developer Contribution	100,000	100,521	100,521	
Interest / Other Income	0	577	577	
Total Revenues	$	100,000	$	455,386	$	455,386	
				
EXPENDITURES				
Engineering	10,000	51,242	51,242	
Management	12,005	12,005	12,005	
Operations Manager	0	75,000	75,000	
Legal	15,000	6,000	4,569	
Audit	2,500	2,724	2,724	
Miscellaneous	0	0	0	
Utility System - Repairs & Maintenance	60,495	134,000	124,702	
Electricity	0	36,222	36,222	
Water	0	29,821	29,821	
Fuel & Oil	0	500	233	
Well Availability Payment	0	80,863	80,863	
Total Expenditures	$	100,000	$	428,377	$	417,381	
				
Excess/ (Shortfall)	$	-	$	27,009	$	38,005	
				
Capital Recovery - Reserve	0	26,954	0	
				
Net Excess/ (Shortfall)	$	-	$	55	$	38,005	

FUND BALANCE (LESS RESERVE) AS OF 9/30/2018	
PROJECTED FY 2018/2019 ACTIVITY	

PROJECTED FUND BALANCE (LESS RESERVE) AS OF 9/30/2019	

$	-	
$	55	
$	55	

Note: Capital Recovery Reserve Fund Balance As Of 9-30-19 is $26,954.

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