West Villages Master Irrigation Utility

Amended Final Budget For Fiscal Year 2021/2022
October 1, 2021 - September 30, 2022

AMENDED FINAL BUDGET
WEST VILLAGES MASTER IRRIGATION UTILITY FISCAL YEAR 2021/2022
OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 ANNUAL BUDGET 10/1/21 - 9/30/22	FISCAL YEAR 2021/2022
AMENDED FINAL BUDGET

10/1/21 - 9/30/22	FISCAL YEAR 2021/2022 ACTUAL 10/1/21 - 9/29/22	
Well Availability Charge	218,000	214,861	214,861	
Capital Recovery	73,000	71,620	71,620	
Water Usage	432,524	357,992	357,992	
Developer Contribution	782,681	1,614,184	1,617,184	
Interest / Other Income	0	2,410	2,410	
Total Revenues	$	1,506,205	$	2,261,067	$	2,264,067	
				
EXPENDITURES				
Engineering	150,000	190,000	184,409	
Management	34,605	34,605	34,605	
Operations Administration	138,600	138,600	138,600	
Legal	10,000	12,000	9,578	
Audit	3,000	3,000	3,000	
Miscellaneous	5,000	2,500	272	
Utility System - Repairs & Maintenance	180,000	950,000	929,531	
Electricity	94,000	105,683	105,683	
Water	145,000	80,231	80,231	
Fuel & Oil	5,000	0	0	
Well Availability Payment	218,000	218,000	211,061	
Capital Recovery Payment	73,000	73,000	0	
Mechanical Integrity Testing (MIT)	25,000	0	0	
Infrastructure Improvements/Maintenance	425,000	660,000	646,278	
Total Expenditures	$	1,506,205	$	2,467,619	$	2,343,248	
				
Excess/ (Shortfall)	$	-	$	(206,552)	$	(79,181)	

FUND BALANCE AS OF 9/30/2021	
PROJECTED FY 2021/2022 ACTIVITY	
PROJECTED FUND BALANCE AS OF 9/30/2022	

$	787,181	
$	(206,552)	
$	580,629	

Note: Capital Recovery Reserve Fund Balance As Of 9-30-22 is $58,457.

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