Administrative Services
Enterprise Fund Transfer
On June 13, 2018 the Council adopted a resolution setting the budget for the 2018-2019 fiscal year. The budget as adopted includes the transfer of money from Enterprise Funds to the General Fund as an inter-fund reimbursement for their share of administrative and overhead services that are performed by the General Fund. For Fiscal Year 2018-2019, the amounts budgeted are as follows:
Fund | 2019 Budget | Administrative & Overhead Interfund Reimbursement Amount | Percent of Fund's Budget | Transfers for Costs Not Associated to the Fund |
51 Water | $ 8,633,101 | $300,675 | 3.48% | $0 |
52 Sewer | $ 4,401,572 | $107,386 | 2.44% | $0 |
53 Power | $14,281,530 | $601,344 | 4.21% | $0 |
57 Storm Drain | $ 3,662,219 | $ 42,958 | 1.17% | $0 |
Additional information regarding Washington City’s interfund reimbursements and cost allocation methodology can be found on the City website at WashingtonCity.org/finance.
–Administrative Services Director
Kimberly Ruesch
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