Projected Budget Report
Local Government Name:		Village of Colon														Village of Colon
Local Unit Code:		753030														753030
Current Fiscal Year End Date:		3/31/2015														3/31/2015
Fund Name:		SEWER DEPT														SEWER DEPT
REVENUES		Current Year Budget		Percentage Change				Year 2 Budget		Assumptions		Percentage Change				Year 3 Budget		Percentage Change				Year 4 Budget		Percentage Change				Year 5 Budget
Operating Revenue	$	167,000		1.7	%		$	169,839		Cost of living increase		1.7	%		$	172,726.26		1.7	%		$	175,662.61		1.7	%		$	178,648.87
Rental Income	$	10,920		1.7	%		$	11,106		Cost of living increase		1.7	%		$	11,294.44		1.7	%		$	11,486.44		1.7	%		$	11,681.71
Investment Income	$	4,193			%		$	4,193					%		$	4,193			%		$	4,193.00			%		$	4,193.00
Other Revenues	$	3,025			%		$	3,025					%		$	3,025			%		$	3,025.00			%		$	3,025.00
0	$				%		$	-					%		$	-			%		$	-			%		$	-
0	$				%		$	-					%		$	-			%		$	-			%		$	-
0	$				%		$	-					%		$	-			%		$	-			%		$	-
0	$				%		$	-					%		$	-			%		$	-			%		$	-
0	$				%		$	-					%		$	-			%		$	-			%		$	-
0	$				%		$	-					%		$	-			%		$	-			%		$	-
Total Revenues	$	185,138					$	188,163							$	191,239					$	194,367					$	197,549
EXPENDITURES
Operating Expenses	$	135,779			%		$	135,779					%		$	135,779			%		$	135,779			%		$	135,779
Administrative	$	25,214			%		$	25,214					%		$	25,214			%		$	25,214			%		$	25,214
Depreciation	$	118,000			%		$	118,000					%		$	118,000			%		$	118,000			%		$	118,000
Non Operating Expenses	$	-			%		$	-					%		$	-			%		$	-			%		$	-
0	$				%		$	-					%		$	-			%		$	-			%		$	-
0	$				%		$	-					%		$	-			%		$	-			%		$	-
0	$				%		$	-					%		$	-			%		$	-			%		$	-
0	$				%		$	-					%		$	-			%		$	-			%		$	-
0	$				%		$	-					%		$	-			%		$	-			%		$	-
Debt Service	$				%		$	-					%		$	-			%		$	-			%		$	-
0	$				%		$	-					%		$	-			%		$	-			%		$	-
Interfund Transfers (Out)	$	-			%		$	-					%		$	-			%		$	-			%		$	-
Total Expenditures	$	278,993					$	278,993							$	278,993					$	278,993					$	278,993
Net Revenues (Expenditures)	$	(93,855)					$	(90,830)							$	(87,754)					$	(84,626)					$	(81,444)
Beginning Fund Balance	$	1,571,813					$	1,477,958							$	1,387,128					$	1,299,373					$	1,214,747
Ending Fund Balance	$	1,477,958					$	1,387,128							$	1,299,373					$	1,214,747					$	1,133,303
All Assumptions for all Budgets
No major changes in any area