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PACKET 2026 6 8 Work Session website

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22 
 
Operating Budget 
Water Division 
 
 
 
%  increas e ACTUAL
BUDGET BUDGET P rojected (decreas e) PRIOR YEAR ACTUAL
2026-2027 2025-2026 6/30/2026 6/30/2026 06/30/25 02/28/26
REVENUE:
    Residential 2,390,869          2,390,869           2,303,955                    3.77% 2,337,985            1,555,467             
    Small Commercial 2,506,467          2,506,467           2,407,684                    4.10% 2,436,651            1,600,648             
    Large Commercial 585,348            585,348             536,574                       9.09% 554,422               352,182                
    Other 206,300            194,800             215,073                       -4.08% 196,807               155,971                
Total Revenue 5,688,984          5,677,484           5,463,285                    4.13% 5,525,866            3,664,267             
     Purchased Supply 935,612            690,000             924,981                       1.15% 859,148               630,829                
Contribution Margin 4,753,372          4,987,484           4,538,304                    4.74% 4,666,718            3,033,439             
OPERATING   EXPENSES:
     Source and Pump Expense 534,777            516,165             538,919                       -0.77% 562,552               343,200                
     Distribution Expense 296,500            319,925             292,149                       1.49% 296,417               187,822                
     Customer Service and Customer Acct. Expense 562,630            517,689             554,972                       1.38% 542,562               375,374                
      Administrative and General Expense 1,459,661          1,365,260           1,479,522                    -1.34% 1,511,227            936,236                
Total operating expenses 2,853,567          2,719,039           2,865,561                    -0.42% 2,912,758            1,842,632             
Maintenance Expenses
    Source and Pump Expense 78,824              77,195               78,076                        0.96% 90,808                48,633                 
    Distribution Expense 689,554            494,047             681,016                       1.25% 613,210               475,335                
    Administrative and General Expense 9,602                70,000               9,602                          0.00% 5,060                  6,196                   
Total Maintenance Expense 777,979            641,242             768,694                       1.21% 709,078               530,164                
Other Operating Expenses
     Depreciation Expense 866,073            914,000             865,174                       0.10% 853,405               572,615                
Total Other Operating Expenses 866,073            914,000             865,174                       0.10% 853,405               572,615                
Total O&M Expense 5,433,232          4,964,281           5,424,411                    0.16% 5,334,389            3,576,239             
Income
Operating Income 255,753            713,203             38,874                         191,477               88,028                 
     Other Income 133,298            110,000             137,628                       -3.15% 143,071               92,397                 
Total Income 389,050            823,203             176,502                       120.42% 334,548               180,425                
     Other Expense 15,385              11,000               13,856                       
 11.04% 9,034                  11,276                 
Net Income Before Debt Expense 373,665            812,203             162,646                       129.74% 325,513               169,148                
DEBT RELATED EXPENSES:
     Amortization of Debt Discount -                   -                    -                              -                      -                       
     Interest on Long Term Debt 77,301              87,693               78,301                        -1.28% 81,764                51,534                 
Total debt related expenses 77,301              87,693               78,301                        -1.28% 81,764                51,534                 
Net Income Before Extraordinary 296,364            724,510             84,344                        251.37% 243,749               117,614                
    Grants & Extraordinary 29,000              21,000               5,640                          414.16% 36,185                10,569                 
Net Income 325,364            745,510             89,985                        261.58% 279,934               128,183