Water Fund Budget Statement

CITY OF OLEAN, NEW YORK
WATER FUND BUDGET
FOR THE 2008-2009 AND 2009-2010 BUDGET YEARS

Increase /
        2008-2009 2009-2010 (Decrease)
REVENUES:      
       
  Departmental income  $3,333,500  $ 3,414,760  $ 81,260
  Sales of property and compensation for loss  $15,000 - (15,000)
       
  TOTAL REVENUES   3,348,500   3,414,760   66,260
       
EXPENDITURES:      
       
  General government support 126,200 186,200   60,000
  Home and community services   1,902,808   1,899,450 (3,358)
  Employee benefits 423,221 439,200   15,979
  BAN - Interest   5,041   4,715   (326)
       
  TOTAL EXPENDITURES   2,457,270   2,529,565   72,295
       
EXCESS OF REVENUE OVER (UNDER)      
  EXPENDITURES 891,230 885,195 (6,035)
       
OTHER FINANCING USES      
  Operating transfers out   (889,492)   (866,361)   23,131
       
  TOTAL OTHER FINANCING USES   (889,492)   (866,361)   23,131
       
BUDGETED SURPLUS (DEFICIT)    $ 1,738  $  18,834  $ 17,096