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Percent
<br />Received or
<br />Expended
<br />Actual Actual Variance ‐ Based on
<br />Annual Thru Thru Favorable Actuals Thru
<br />Budget 09/30/17 09/30/18 (Unfavorable) 09/30/18
<br />REVENUES
<br />User charges 1,720,000$ 853,332$ 866,394$ 13,061$ 101.5 %
<br />Connection charges 5,000 15,470 40,425 24,955 261.3
<br />Other 5,950 20,518 3,207 (17,311) 15.6
<br />Interest earnings ‐ 196 569 373 290.2
<br />TOTAL REVENUES 1,730,950 889,517 910,595 21,078 102.4
<br />EXPENSES
<br />Personnel expenses 389,800 251,669 245,838 5,832 97.7
<br />Supplies and materials 2,500 3,492 12,132 (8,640) 347.4
<br />Other services and charges 355,679 286,997 148,727 138,270 51.8
<br />Wastewater charges 794,028 555,314 657,928 (102,614) 118.5
<br />Depreciation 160,000 ‐ ‐ ‐ N/A
<br />Capital expenses 670,000 (9,176) 248,185 (257,360) ‐2704.8
<br />Debt service 12,550 ‐ ‐ ‐ N/A
<br />TOTAL EXPENSES 2,384,557 1,088,296 1,312,810 (224,514) 120.6
<br />Bond Proceeds ‐ ‐ ‐ ‐ N/A
<br />Transfers out 126,000 ‐ ‐ ‐ N/A
<br />EXCESS (DEFICIT) REVENUES OVER EXPENSES (779,607)$ (198,780)$ (402,215)$ (203,436)$ 202.3 %
<br />CITY OF ARDEN HILLS, MINNESOTA
<br />STATEMENT OF REVENUES AND EXPENSES
<br />BUDGET AND ACTUAL
<br />FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2018
<br />SEWER FUND
<br />Q1 Q2 Q3 Q4
<br />2016 995.62 423,372.41 845,595.48 1,681,630.63
<br />2017 ‐ 422,738.43 853,332.28 1,717,655.93
<br />2018 1,159.61 425,076.18 866,393.58
<br /> $‐
<br /> $0.20
<br /> $0.40
<br /> $0.60
<br /> $0.80
<br /> $1.00
<br /> $1.20
<br /> $1.40
<br /> $1.60
<br /> $1.80
<br /> $2.00
<br />MillionsSewer Sales Comparison
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