Southside Water and Sewer District
2017- 2018 Budget 
 
 

The Board of Directors of the Southside Water and Sewer District adopted a preliminary
budget and set a public hearing on the same for August 16, 2017 at 2:00 pm.  The hearing will
be held at 1591 Lakeshore Drive, Sagle, Idaho.  All interested parties are encourged to attend.
ACTUAL ACTUAL BUDGET PRELIMINARY
FY 2014-15 FY 2015-16 FY 2016-2017 FY 2017-2018
OPERATING BUDGET
Operating Income
Service Fees (Unrestricted)  $       362,887  $  367,511  $      365,000  $        387,223
Hookup Fees              85,250        63,250            42,625              63,250
Other Misc. Revenue             32,013          4,758              1,800                4,750
Total Operating Income  $       480,150  $  435,519  $      409,425  $        455,223
Operating Expense
Administration  $         20,089  $      9,264  $        57,000  $          48,000
Utilities             40,927        35,962            43,000              36,000
Insurance               5,458          6,068              6,450                6,450
Professional Fees             19,037        26,959            18,000              27,000
Maintenance and Repair             67,896      106,417            53,000              90,000
Payroll Expenses           133,248      134,281            70,000            110,888
Testing               5,265          5,850              6,000                6,000
Depreciation           144,581      145,062          145,000            145,000
Total Operating Expense  $       436,501  $  469,863  $      398,450  $        469,338
Net Operating Income  $         43,649  $   (34,344)  $        10,975  $         (14,115)
Reclassify Incremental Sewer Fees 
From (To)  Restricted  $        (43,649)  $    34,344  $       (10,975)  $          14,115
Net Operating Income (Adjusted)  $                -    $           -    $               -    $                 -  
CAPITAL BUDGET
Restricted Income - Capital
Funded Depreciation  $         57,309  $  145,062  $      145,062  $        145,000
Grant Income to Acquire Assets   -            34,651   -       -    
Interest Income    -                      120  
Total Restricted Income - Capital  $         57,309  $  179,713  $      145,182  $        145,000
Other Capital Expenditures  $       100,265  $  108,771  $        60,000  $        132,497
Net Cash Surplus / (Deficit) - Capital  $        (42,956)  $    70,942  $        85,182  $          12,503
Transfer (to) / from Capital Reserves 
(Asset Fund)  $         42,956  $   (70,942)  $       (85,182)  $         (12,503)
Net Cash Surplus / (Deficit) - Capital   $-       $-       $-       $-    
ACTUAL ACTUAL BUDGET PRELIMINARY
FY 2014-15 FY 2015-16 FY 2016-2017 FY 2017-2018
DEBT SERVICE BUDGET
(SEWER EXPANSION PROJECT)
Restricted Income - Expansion
Service Fees (Restricted - Expansion)  $         17,254  $           -    $        10,975  $          19,712
Hookup Fees (Restricted - Expansion)             11,000        11,000                   -                11,000
Interest Income                   617             839                650                  900
Total Restricted Income - Expansion  $         28,871  $    11,839  $        11,625  $          31,612
IDEQ Loan Payments  $         26,309  $    31,612  $        31,612  $          31,612
Net Cash Surplus / (Deficit) - Expansion  $           2,562  $   (19,773)  $       (19,987)  $                 -  
Transfer (to) / from Expansion Reserves   $          (2,562)  $    19,773  $        19,987  $                 -  
Net Cash Surplus / (Deficit) - Expansion   $-         $-       $-    
DEBT SERVICE BUDGET
(FRY CREEK LID)
Restricted Income - LID
LID Principal Payments Received  $       112,074  $    70,992  $        12,933  $          39,512
LID Interest Payments Received             28,421        26,589              7,373              19,235
Total Restricted Income - LID  $       140,495  $    97,581  $        20,306  $          58,747
LID Loan Payments
Principal Payments - USDA  $       142,918  $  100,900  $        21,590  $          21,590
Interest Payments - USDA/LID A & B             39,558        32,716            35,545              35,545
Total LID Loan Payments  $       182,476  $  133,616  $        57,135  $          57,135
Net Cash Surplus / (Deficit) - LID  $        (41,981)  $   (36,035)  $       (36,829)  $            1,612
Transfer (to) / from LID Reserves   $         41,981  $    36,035  $        36,829  $          (1,612)
Net Cash Surplus / (Deficit) - LID  $                -    $           -    $               -    $                 -  
Total Income  $       706,825  $  724,652  $      586,538  $        690,582
Total Expenditures           745,551      743,862          547,197            690,582
Next Cash Surplus            (38,726)       (19,210)            39,341                     -  
Net From (To) Cash Reserves             38,726        19,210          (39,341)                     -  
Net Increase (Decrease)  $                -    $           -    $               -    $                 -  
Published August 2 and 9, 2017.