2025 06 09 Work Session Packet 1

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Operating Budget 
Water Division 
 
 
%  increas e ACTUAL
BUDGET BUDGET Projected (decreas e) PRIOR YEAR ACTUAL
2025-2026
2024-2025 6/30/2025 6/30/2025 06/30/24 02/28/25
REVENUE:
    Residential 2,351,164          2,390,869           2,318,082                    1.43% 2,288,066            1,589,498             
    Small Commercial 2,421,961          2,506,467           2,399,500                    0.94% 2,431,107            1,629,615             
    Large Commercial 559,917            585,348             551,099                       1.60% 593,677               370,030                
    Other 186,993            194,800             220,017                       -15.01% 199,039               137,706                
Total Revenue 5,520,035          5,677,484           5,488,698                    0.57% 5,511,889            3,726,849             
     Purchased Supply 805,000            690,000             803,665                       0.17% 743,258               564,996                
Contribution Margin 4,715,035          4,987,484           4,685,032                    0.64% 4,768,631            3,161,853             
OPERATING   EXPENSES:
     Source and Pump Expense 563,944            516,165             548,415                       2.83% 501,307               366,834                
     Distribution Expense 302,572            319,925             298,764                       1.27% 318,045               192,090                
     Customer Service and Customer Acct. Expense 538,189            517,689             532,450                       1.08% 525,621               362,964                
      Administrative and General Expense 1,414,044          1,365,260           1,342,786                    5.31% 1,336,170            907,228                
Total operating expenses 2,818,749          2,719,039           2,722,414                    3.54% 2,681,143            1,829,115             
Maintenance Expenses
    Source and Pump Expense 95,488              77,195               87,812                        8.74% 69,758                61,364                 
    Distribution Expense 588,478            494,047             578,885                       1.66% 484,740               407,529                
    Administrative and General Expense 11,000              70,000               6,117                          79.84% 6,015                  1,654                   
Total Maintenance Expense 694,966            641,242             672,813                       3.29% 560,513               470,548                
Other Operating Expenses
     Depreciation Expense 834,872            914,000             823,634                       1.36% 931,488               560,845                
Total Other Operating Expenses 834,872            914,000             823,634                       1.36% 931,488               560,845                
Total O&M Expense 5,153,587          4,964,281           5,022,527                    2.61% 4,916,402            3,425,505             
Income
Operating Income 366,449            713,203             466,171                       -21.39% 595,487               301,344                
     Other Income 147,556            110,000             135,022                       9.28% 153,833               99,768                 
Total Income 514,005            823,203             601,192                       -14.50% 749,320               401,112                
     Other Expense 11,000              11,000               13,271                        -17.
 11% 8,572                  11,314                 
Net Income Before Debt Expense 503,005            812,203             587,921                       -14.44% 740,748               389,797                
DEBT RELATED EXPENSES:
     Amortization of Debt Discount -                   -                    -                              -                      -                       
     Interest on Long Term Debt 82,500              87,693               67,189                        22.79% 86,281                55,037                 
Total debt related expenses 82,500              87,693               67,189                        22.79% 86,281                55,037                 
Net Income Before Extraordinary 420,505            724,510             520,732                       -19.25% 654,466               334,760                
    Grants & Extraordinary 33,000              21,000               31,552                        4.59% 39,475                26,610                 
Net Income 453,505            745,510             552,284                       -17.89% 693,941               361,370                
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