Component Fund Chart

The following chart shows revenues, expenditures, and transfers by individual fund and provides the detail supporting thesummary amounts.

Funding comes primarily from the Revenue Fund, from which Operations and Maintenance expenditures are paid. Revenues are transferred to other funds, including construction, insurance internal funds, debt service and replacement reserve funds. Infrastructure over $15,000 is capitalized and budgeted through the Construction Fund. Capitalized equipment such as trucks and rolling stock are budgeted through the Fleet Replacement Fund and capitalized equipment such as pumps and plant machinery are budgeted through the Water Reclamation Facility Replacement Fund. While the O&M budget contains line items entitled “Capital Equipment,” while such expenditures are below the capitalization threshold, they are in excess of $1,000 and budgetedand trackedinternally for managerial purposes.

Metropolitan Sewerage District of Buncombe County, NC