RD 442-7 Operating Budget

USDA-RD
Form RD 442-7
(Rev. 3-02)

Form Approved

Position 3

OMB No. 0575-0015
OMB No. 0572-0137
OMB No. 0575-0200
Exp. Date: 01/31/2022

OPERATING BUDGET
Name
Applicant Fiscal Year
From

Schedule 1

Address

OPERATING INCOME

State (Including ZIP Code)

County

To
20

20
(1)

20
(2)

First Full Year

20
(3)

(4)

(5)

1.
2.
3.
4.
5. Miscellaneous
6. Less: Allowances and Deductions (
7. Total Operating Income
(Add Lines 1 through 6)

) (

)(

)(

)

)(

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

OPERATING EXPENSES
8.
9.
10.
11.
12.
13.
14.
15. Interest (RD)
16. Depreciation
17. Total Operating Expense
(Add lines 8 through 16)
18. NET OPERATING INCOME
(LOSS) (Line 7 less 17)
NONOPERATING INCOME
19.
20.
21. Total Nonoperating Income
(Add Lines 19 and 20)
22. NET INCOME (LOSS)
(Add Lines 18 and 21) (Transfer
to Line A Schedule 2)

Budget and Projected Cash Flow Approved by Governing Body
Attest:

Secretary

Date

Appropriate Official

Date

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PROJECTED CASH FLOW
20

A. Line 22 from Schedule 1 Income (Loss)
Add
B. Items in Operations not Requiring Cash:
1. Depreciation (Line 16, Schedule 1)
2. Others:

Schedule 2

20

20

20

First
Full Year

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

C. Cash Provided from:
1. Proceeds from RD loan/grant
2. Proceeds from others
3. Increase (Decrease) in Accounts Payable,
Accruals and other Current Liabilities
4. Decrease (Increase) in Accounts Receivable,
inventories and Other Current Assets (Exclude Cash)
5. Other:
6.
D. Total all A, B and C Items
E. Less: Cash Expended for:
1. All Construction, Equipment and New Capital Items
(Loan and grant funds)
2. Replacement and Additions to Existing Property, Plant and
Equipment
3. Principal Payment RD Loan
4. Principal Payment Other Loans
5. Other:
6. Total E 1 through 5
Add
F. Beginning Cash Balances
G. Ending Cash Balances (Total of D minus E 6 plus F)
Item G Cash Balances Composed of:
Construction Account
Revenue Account
Debt Payment Account
O&M Account
Reserve Account
Funded Depreciation Account
Others:
Total - Agrees with Item G