TOWN OF CARY
UTILITY FUND SUMMARY
	Actual	Actual	Actual	Estimated	Budget
	FY 2006	FY 2007	FY 2008	FY 2009	FY 2010
REVENUES							REVENUES
Water Fees - Retail	17,316,873	20,618,645	21,257,880	20,864,930	21,524,349		Water Fees - Retail
Water Wholesale Service	596,629	96,823	1,103,864	117,963	127,314		Water Wholesale Service
Bulk Water/Hydrants	209,013	200,733	174,648	134,863	128,120		Bulk Water/Hydrants
Water Capacity-RDU/Morris./Chatham	718,558	301,477	289,100	285,391	278,379		Water Capacity-RDU/Morris./Chatham
Raw Water Sales	96,199	101,769	102,129	111,534	144,900		Raw Water Sales
Reclaimed Water	(7,146)	(6,523)	(15,839)	---	---		Reclaimed Water
Irrigation	(77,690)	(235,245)	(149,258)	---	---		Irrigation
Subtotal Charges for Services-Water	18,937,272	21,319,448	22,762,524	21,514,681	22,203,062		Subtotal Charges for Services-Water
Sewer Fees - Retail	17,124,204	21,310,253	22,901,217	25,696,200	28,671,534		Sewer Fees - Retail
Sewer Wholesale Service	757,715	---	---	---	---		Sewer Wholesale Service
Morrisville WW Capacity Charges	73,183	---	---	---	---		Morrisville WW Capacity Charges
Subtotal Charges for Services-Sewer	17,955,102	21,310,253	22,901,217	25,696,200	28,671,534		Subtotal Charges for Services-Sewer
Connection Fees	388,928	399,498	531,940	319,164	320,000		Connection Fees
New Account Service Charge	159,772	210,199	194,965	204,713	205,000		New Account Service Charge
Utility Inspection Fees	1,086,455	891,928	460,479	103,674	108,858		Utility Inspection Fees
Reconnection Fees	61,394	47,103	57,887	69,465	60,000		Reconnection Fees
Pretreatment Program Fees	95,688	85,484	91,632	97,011	90,000		Pretreatment Program Fees
Fats, Oils, Grease Fees	47,617	52,280	59,960	59,918	50,000		Fats, Oils, Grease Fees
Sewer Extension Permits	16,400	15,000	14,750	6,238	6,862		Sewer Extension Permits
Late Payment Charge	167,480	169,062	206,786	227,465	230,000		Late Payment Charge
Returned Check Charge	6,375	7,348	6,425	7,255	6,000		Returned Check Charge
Re-installment Fees	10,699	25,983	86,523	130,198	80,000		Re-installment Fees
Cross Connection Program Fees	---	---	---	180,000	271,600		Cross Connection Program Fees
Total Other Operating Revenues	2,040,808	1,903,884	1,711,347	1,405,101	1,428,320		Subtotal Other Operating Revenues
Subtotal Operating Revenues	38,933,182	44,533,585	47,375,088	48,615,982	52,302,916		Subtotal Operating Revenues
Interest Earnings	1,526,185	1,948,527	2,289,913	1,805,141	1,128,001		Interest Earnings
Gain on Investments	(106,536)	296,027	543,060	---	---		Gain on Investments
Proceeds from Sale of Assets	7,771	52,949	33,214	10,000	10,000		Proceeds from Sale of Assets
Miscellaneous Revenues	20,402	27,147	139,459	70,000	70,000		Miscellaneous Revenues
Subtotal Non-Operating Revenues	1,447,822	2,324,650	3,005,646	1,885,141	1,208,001		Subtotal Non-Operating Revenues
TOTAL REVENUES	40,381,004	46,858,235	50,380,734	50,501,123	53,510,917		TOTAL REVENUES
EXPENDITURES							EXPENDITURES
Finance - Customer Accounting	1,418,962	1,689,399	1,794,282	2,157,357	2,261,449		Finance - Customer Accounting
Public Works & Utilities Administration	759,241	899,936	988,644	1,856,056	1,232,536		Public Works & Utilities Administration
Admin. Costs Paid to General Fund	1,585,952	1,758,778	2,353,681	2,133,223	2,027,331		Admin. Costs Paid to General Fund
Engineering Costs Paid to General Fund	---	---	---	---	1,917,850		Engineering Costs Paid to General Fund
Water Conservation	226,388	312,051	435,100	937,447	664,804		Water Conservation
Pretreatment	272,132	335,277	345,338	385,669	274,169		Pretreatment
Field Operations	4,645,781	5,577,817	6,526,864	8,171,976	8,189,233		Field Operations
Utility Systems Management	1,868,900	2,088,004	2,711,113	3,065,852	2,671,498		Utility Systems Management
North Cary WRF	4,685,933	4,910,783	5,380,058	6,684,382	7,004,776		North Cary WRF
South Cary WRF	2,803,453	3,015,843	3,245,984	3,738,669	3,765,476		South Cary WRF
Cary/Apex Water Treatment Plant	4,502,315	4,839,519	5,318,193	5,809,369	6,142,573		Cary/Apex Water Treatment Plant
Western Wake WRF	---	---	---	---	---		Western Wake WRF
Reimbursement from Apex	(876,090)	(909,524)	(852,731)	(1,122,988)	(1,173,603)		Reimbursement from Apex
Subtotal Departmental Expenditures	21,892,967	24,517,883	28,246,526	33,817,012	34,978,092		Subtotal Departmental Expenditures
NON-DEPARTMENTAL							NON-DEPARTMENTAL
Department Allocation Accounts	---	---	---	---	---		Department Allocation Accounts
Long-term Debt Principal Payment	6,096,084	6,647,064	6,919,698	7,214,484	6,898,860		Long-term Debt Principal Payment
Interest Expense	4,569,096	4,732,116	5,275,528	5,392,278	5,571,965		Interest Expense
Bond Issuance Costs & Expenses	8,002	525,820	7,219	150,000	700,000		Bond Issuance Costs & Expenses
Bond Proceeds	---	(258,903)	---	---	---		Bond Proceeds
Subtotal Non-Departmental Expenditures	10,673,182	11,646,097	12,202,445	12,756,762	13,170,825		Subtotal Non-Departmental Expenditures
TOTAL EXPENDITURES	32,566,149	36,163,980	40,448,971	46,573,774	48,148,917		TOTAL EXPENDITURES
TRANSFERS OUT (IN)							TRANSFERS OUT (IN)
Transfer to General Fund, net	149,932	---	(39,440)	---	500,000		Transfer to General Fund (Open Space Debt Svc)
Transfer to Sewer Projects	---	---	3,031,794	---	---		Transfer to Sewer Projects
Transfer to Water Projects	(231,461)	---	281,360	---	---		Transfer to Water Projects
Transfer to Open Space	1,100,000	1,000,000	6,000,000	1,000,000	500,000		Transfer to Open Space
Transfer to Utility Capital Reserve Fund	---	---	1,091,499	1,973,555	---		Transfer to Utility Capital Reserve Fund
Payment to Other Govt's / Morrisville Debt	339,775	370,950	232,316	342,425	329,175		Payment to Other Govt's / Morrisville Debt
Transfer to Ins., Sm Claims, & Worker's Comp	34,579	---	---	221,333	278,299		Transfer to Ins., Sm Claims, & Worker's Comp
Total Other Revenues (Expenditures)	1,392,825	1,370,950	10,597,529	3,537,313	1,607,474		Total Other Revenues (Expenditures)
TOTAL EXPENDITURES & TRANSFERS	33,958,974	37,534,930	51,046,500	50,111,087	49,756,391		TOTAL EXPENDITURES & TRANSFERS
BALANCES							BALANCES
Beginning Fund Balance	25,166,669	35,970,367	45,293,673	44,627,907	45,017,943		Beginning Fund Balance
Total Revenues	40,381,004	46,858,235	50,380,734	50,501,123	53,510,917		Total Revenues
Beg. Fund Balance plus Revenues	65,547,673	82,828,603	95,674,407	95,129,030	98,528,859		Beg. Fund Balance plus Revenues
Total Expenditures & Transfers	33,958,974	37,534,930	51,046,500	50,111,087	49,756,391		Total Expenditures & Transfers
Morrisville Fund Balance Addition Related to Merger	4,381,668	---	---	---	---		Morrisville Fund Balance Addition Related to Merger
ENDING FUND BALANCE	35,970,367	45,293,673	44,627,907	45,017,943	48,772,469		ENDING FUND BALANCE