Ave Maria Master Irrigation Utility

Amended Final Budget For Fiscal Year 2019/2020
October 1, 2019 - September 30, 2020

AMENDED FINAL BUDGET
AVE MARIA MASTER IRRIGATION UTILITY FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	FISCAL YEAR 2019/2020 ANNUAL BUDGET	FISCAL YEAR 2019/2020
AMENDED FINAL BUDGET	YEAR TO DATE ACTUAL
10/1/2019 - 9/29/2020	
Ave Maria Utility Income	703,400	881,300	881,300	
Developer Contribution	469,000	477,701	377,701	
Peninsula True-Up Of Expenditures	0	0	0	
Total Revenues	$	1,172,400	$	1,359,001	$	1,259,001	
				
EXPENDITURES				
Operating Fee	890,400	890,400	890,400	
AMUC Bulk Water Charge	282,000	306,866	306,866	
Peninsula True-Up Of Expenditures	0	100,000	0	
Total Expenditures	$	1,172,400	$	1,297,266	$	1,197,266	
				
Excess/ (Shortfall)	$	-	$	61,735	$	61,735	

FUND BALANCE AS OF 9/30/2019	
PROJECTED FY 2019/2020 ACTIVITY	

PROJECTED FUND BALANCE AS OF 9/30/2020	

$	139,891	
$	61,735	
$	201,626	

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