West Villages Master Irrigation Utility

Amended Final Budget For Fiscal Year 2019/2020
October 1, 2019 - September 30, 2020

AMENDED FINAL BUDGET
WEST VILLAGES MASTER IRRIGATION UTILITY FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	FISCAL YEAR 2019/2020 ANNUAL BUDGET 10/1/19 - 9/30/20	FISCAL YEAR 2019/2020
AMENDED FINAL BUDGET
10/1/19 - 9/30/20	FISCAL YEAR 2019/2020 ACTUAL 10/1/19 - 9/29/20	
Well Availability Charge	100,000	118,958	118,958	
Capital Recovery	35,000	39,653	39,653	
Water Usage	225,000	259,617	259,617	
Developer Contribution	147,705	595,000	526,490	
Interest / Other Income	100	262	262	
Total Revenues	$	507,805	$	1,013,490	$	944,980	
				
EXPENDITURES				
Engineering	15,000	80,000	75,035	
Management	12,005	12,005	12,005	
Operations Manager	113,300	113,300	113,300	
Legal	15,000	10,000	7,471	
Audit	2,500	3,027	3,027	
Miscellaneous	10,000	12,000	9,935	
Utility System - Repairs & Maintenance	100,000	430,000	330,337	
Electricity	60,000	73,717	73,717	
Water	40,000	59,238	59,238	
Fuel & Oil	5,000	0	0	
Well Availability Payment	100,000	120,000	58,847	
Capital Recovery Payment	35,000	35,000	0	
Total Expenditures	$	507,805	$	948,287	$	742,912	
				
Excess/ (Shortfall)	$	-	$	65,203	$	202,068	

FUND BALANCE AS OF 9/30/2019	
PROJECTED FY 2019/2020 ACTIVITY	

PROJECTED FUND BALANCE AS OF 9/30/2020	

$	(59,781)	
$	65,203	
$	5,422	

Notes
Note: Capital Recovery Reserve Fund Balance As Of 9-30-20 is $53,095.

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