Budget and Actual – Riverton Law Enforcement Service Area

RIVERTON CITY, UTAH ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2022 Financial Section – Governmental Funds Financial Statements (continued) STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES – BUDGET AND ACTUAL – RIVERTON LAW ENFORCEMENT SERVICE AREA – FOR THE YEAR ENDED JUNE 30, 2022

REVENUES Taxes:

Property Intergovernmental Interest Miscellaneous

Total revenues Budgeted Amounts

Actual Variance with Original Final Amounts Final Budget

6,302,104 $ 6,302,104$ 6,399,639 $ 128,473 128,473 25,500 25,500 23,367 1,500 1,500 -

97,535$ (128,473) (2,133) (1,500) 6,457,577 6,457,577 6,423,006 (34,571)

EXPENDITURES

Current:

Public safety 500 500 - 500

Total expenditures Excess (deficiency) of revenues over (under) expenditures

500 500 - 500

6,457,077 6,457,077 6,423,006 (34,071)

OTHER FINANCING SOURCES (USES)

Transfers out (6,417,500) (6,417,500) (5,740,000) 677,500 Total other financing sources (uses) (6,417,500) (6,417,500) (5,740,000) 677,500 Net change in fund balance 39,577 $ 39,577$ 683,006$ 643,429 $

Fund balance, beginning of period Fund balance, end of period

1,858,367 2,541,373$

PROPRIETARY FUNDS FINANCIAL STATEMENTS

CULINARY WATER FUND

This fund accounts for activities of the City’s culinary water system. The culinary water system is comprised of approximately 183 miles of water transmission and distribution lines providing over 4,000 acre-feet of culinary water to the residents of the City.

SECONDARY WATER FUND

This fund accounts for activities of the City’s secondary water system. The secondary water system is comprised of one deep well, five shallow wells and 28 booster pumps that provide water from the Jordan River and four canals that run through the City. This water, the majority originating from Utah Lake, is pushed through approximately 165 miles of pipeline. The secondary water system was designed to provide pressurized water for outdoor watering needs, including residential sprinkling system. By using lower-grade, non-potable water sources to meet outdoor water needs, the City is able to extend the useful life of the culinary water system and adds additional capacity to meet the growing culinary water needs of the City.

SANITATION FUND

This fund is used to account for the activities relating to providing solid waste collection services to the residents of the City.

STORM WATER FUND

This fund accounts for activities of the City’s storm water system. Created July 1, 2010, the storm water utility fee helps the City finance operations to be in compliance with The Utah Water Quality Act. This law requires cities to protect streams, rivers, and lakes in their jurisdictions from polluted storm water. As of July 1, 2021, the operations of the Stormwater Fund were consolidated into the General Fund and the Capital Projects Fund – Stormwater in the Governmental Activities.