City Budget

Information related to transfer of resources from an Enterprise Fund to the General Fund   –  Updated July 1, 2017

WATER FUND
Purpose of Transfer:
The Water Fund charges the General Fund $25,000 for the water used on the parks
The Water Fund then returns the charge to the General Fund though a transfer of the same amount.

Enterprise Fund Accounting Data:
Cost accounting breakdown:
Administrative & Overhead costs allocated
Wages $36,500
Benefits 25,000
Accounting and Auditing services 12,500
Telephone 1,000
Building lease 6,000
Backhoe lease 2,120
Other none associated costs:
Transfer to General Fund $25,000

Specific Enterprise Fund Information:
Transfer to General Fund $25,000
Percentage of total Enterprise Fund Expenditures 12.62%

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In the Heart of Central Utah