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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 03/31/18 03/31/19 (Unfavorable) 03/31/19
<br />REVENUES
<br />User charges 1,960,130$ 1,160$ 1,325$ 165$ 114.2 %
<br />Connection charges 5,250 5,775 10,740 4,965 186.0
<br />Other 8,070 2,890 615 (2,275) 21.3
<br />Interest earnings ‐ ‐ 689 689 N/A
<br />TOTAL REVENUES 1,973,450 9,825 13,369 3,544 136.1
<br />EXPENSES
<br />Personnel expenses 427,470 64,930 74,271 (9,341) 114.4
<br />Supplies and materials 7,700 3,538 2,949 588 83.4
<br />Other services and charges 322,810 34,050 55,090 (21,041) 161.8
<br />Wastewater charges 761,720 260,771 253,908 6,863 97.4
<br />Depreciation 175,460 ‐ ‐ ‐ N/A
<br />Capital expenses 312,500 163,454 ‐ 163,454 0.0
<br />Debt service 12,290 ‐ 6,567 (6,567) N/A
<br />TOTAL EXPENSES 2,019,950 526,743 392,787 133,957 74.6
<br />Bond Proceeds ‐ ‐ ‐ ‐ N/A
<br />Transfers out 126,000 ‐ ‐ ‐ N/A
<br />EXCESS (DEFICIT) REVENUES OVER EXPENSES (172,500)$ (516,919)$ (379,418)$ 137,501$ 73.4 %
<br />CITY OF ARDEN HILLS, MINNESOTA
<br />STATEMENT OF REVENUES AND EXPENSES
<br />BUDGET AND ACTUAL
<br />FOR THE THREE MONTHS ENDED MARCH 31, 2019
<br />SEWER FUND
<br />Q1 Q2 Q3 Q4
<br />2017 ‐ 422,738.43 853,332.28 1,717,655.93
<br />2018 1,159.61 425,076.18 866,393.58 1,762,274.59
<br />2019 1,324.73 ‐ ‐ ‐
<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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