West Villages Master Irrigation Utility

Amended Final Budget For Fiscal Year 2020/2021
October 1, 2020 - September 30, 2021

AMENDED FINAL BUDGET
WEST VILLAGES MASTER IRRIGATION UTILITY FISCAL YEAR 2020/2021
OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	FISCAL YEAR 2020/2021 ANNUAL BUDGET 10/1/20 - 9/30/21	FISCAL YEAR 2020/2021
AMENDED FINAL BUDGET
10/1/20 - 9/30/21	FISCAL YEAR 2020/2021 ACTUAL 10/1/20 - 9/29/21	
Well Availability Charge	147,700	139,242	139,242	
Capital Recovery	50,640	46,414	46,414	
Water Usage	337,600	223,853	223,853	
Developer Contribution	69,005	899,946	899,946	
Interest / Other Income	100	320	320	
Total Revenues	$	605,045	$	1,309,775	$	1,309,775	
				
EXPENDITURES				
Engineering	15,000	308,000	288,217	
Management	29,605	29,605	29,605	
Operations Manager	128,600	128,600	128,600	
Legal	15,000	5,000	1,250	
Audit	3,000	3,083	3,083	
Miscellaneous	5,000	1,000	13	
Utility System - Repairs & Maintenance	100,000	300,000	267,696	
Electricity	65,500	81,427	81,427	
Water	40,000	54,541	54,541	
Fuel & Oil	5,000	0	0	
Well Availability Payment	147,700	139,426	139,426	
Capital Recovery Payment	50,640	245,000	213,876	
Total Expenditures	$	605,045	$	1,295,682	$	1,207,734	
				
Excess/ (Shortfall)	$	-	$	14,093	$	102,041	

FUND BALANCE AS OF 9/30/2020	
PROJECTED FY 2020/2021 ACTIVITY	
PROJECTED FUND BALANCE AS OF 9/30/2021	

$	31,896	
$	14,093	
$	45,989	

Note: Capital Recovery Reserve Fund Balance As Of 9-30-21 is $97,749.

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