2025 Annual Comprehensive Report

Schedule 48 Page 1 of 2

Water Resources Fund Schedule of Revenues and Expenses Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2025

Variance Positive (Negative)

Final

Budget

Actual

Operating Revenues:

Charges for Current Services Other Operating Revenues

$ 165,105,725

$ 163,379,794

$

(1,725,931) (201,214)

1,888,490

1,687,276 325,448

Other Operating Revenues - Capital Reserve Fund

325,448

Total Operating Revenues

166,994,215

165,392,518

(1,601,697)

Operating Expenses: Personal Services

24,608,209 10,444,695 7,106,833 67,507,267 1,903,649 111,570,653

24,511,756 10,164,889 6,030,629 50,971,805

96,453 279,806

Fringe Benefits

Maintenance and Repairs

1,076,204 16,535,462 1,248,309 19,236,234

Operations

Capital Outlay

655,340

Total Operating Expenses

92,334,419

Operating Income

55,423,562

73,058,099

17,634,537

Nonoperating Revenues: Investment Income (Loss)

2,086,000

2,760,328 3,680,331 1,485,852 7,926,511

674,328 3,680,331 1,485,852 5,840,511 (250,000) (29,599) 5,560,912

Investment Income - Capital Reserve Fund

Net Increase (Decrease) in the Fair Value of Investments

Total Investment Income

2,086,000

Refunds and Recoveries

250,000 50,000

Miscellaneous Nonoperating Revenue

20,401

Total Nonoperating Revenues

2,386,000

7,946,912

Nonoperating Expenses: Principal Maturities

17,688,471 22,784,800

16,070,000 19,907,373

1,618,471 2,877,427

Interest Expense

Inventory Gain (Loss)

14,000

14,000

Future Debt Service Payments Miscellaneous Nonoperating Expense

12,036,351

12,036,351

411,000

33,265

377,735

Total Nonoperating Expenses

52,934,622

36,010,638

16,923,984

Excess of Revenues Over Expenses Before Contributions and Other Financing Sources (Uses)

4,874,940

44,994,373

40,119,433

Capital Contributions

3,764,728

3,764,728

Other Financing Sources (Uses): Debt Issuances: Lease Liability Issued Transfers In - American Rescue Plan Act

34,029 401,260 57,757 (750,000)

34,029 401,260

Transfers In - Water Resources Bond Fund Series 2014 Transfers Out - Water Resources Extension Fund Project

65,000

(7,243)

(750,000)

Transfers Out - Capital Improvement Fund Total Other Financing Sources (Uses)

(28,584,000) (29,269,000)

(28,584,000) (28,840,954)

428,046

Excess of Revenues, Contributions and Other Financing Sources Over (Under) Expenses and Other Financing (Uses)

(24,394,060)

19,918,147

44,312,207

Appropriated Fund Balance

24,394,060

(24,394,060)

Excess of Revenues, Contributions and Other Financing Sources Over Expenses and Other Financing (Uses)

$

$ 19,918,147

$

19,918,147

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