Author: MMcelligott
Company: SDS

West Villages Master Irrigation Utility

Amended Final Budget For
Fiscal Year 2022/2023
October 1, 2022 - September 30, 2023

AMENDED FINAL BUDGET
WEST VILLAGES MASTER IRRIGATION UTILITY FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES | FISCAL YEAR | FISCAL YEAR | FISCAL YEAR
2022/2023 | 2022/2023 | 2022/2023
ANNUAL BUDGET | AMENDED FINAL BUDGET | ACTUAL
10/1/22 - 9/30/23 | 10/1/22 - 9/30/23 | 10/1/22 - 9/29/23
Well Availability Charge | 260,213 | 295,889 | 295,889
Capital Recovery | 86,916 | 98,630 | 98,630
Water Usage | 605,324 | 528,255 | 528,255
Developer Contribution - New Infrastructure | 0 | 729,843 | 729,843
Developer Contribution - Operating | 0 | 536,527 | 536,527
Interest / Other Income | 0 | 7,705 | 7,705
Developer Subsidy | 422,875 | 0 | 0
Total Revenues | $	1,375,328 | $	2,196,848 | $	2,196,848
EXPENDITURES | | |
Engineering | 150,000 | 190,000 | 169,051
Management | 39,999 | 40,000 | 39,999
Operations Administration | 148,000 | 148,000 | 148,000
Legal | 10,000 | 25,000 | 2,658
Audit | 3,000 | 3,000 | 2,790
Miscellaneous | 5,000 | 25,000 | 19,328
Infrastucture Maintenance | 260,000 | 300,000 | 269,548
Irrigation System Maintenance | 0 | 60,000 | 42,456
Electricity | 137,200 | 160,000 | 141,985
Water | 145,000 | 110,000 | 95,108
Fuel & Oil | 5,000 | 0 | 0
Well Availability Payment | 260,213 | 295,889 | 0
Capital Recovery Payment | 86,916 | 0 | 0
Mechanical Integrity Testing (MIT) | 0 | 0 | 0
Capital Outlay - New Infrastructure | 125,000 | 900,000 | 722,728
Developer Contribution Repayment | 0 | 1,266,369 | 0
Total Expenditures | $	1,375,328 | $	3,523,258 | $	1,653,650
Excess/ (Shortfall) | $	- | $	(1,326,409) | $	543,198

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