|
Percent
<br />Received or
<br />Expended
<br />Actual Actual Variance ‐Based on
<br />Annual Thru Thru Favorable Actuals Thru
<br />Budget 06/30/19 06/30/20 (Unfavorable) 06/30/20
<br />REVENUES
<br />User charges 2,033,900$ 467,694$ 466,578$ (1,116)$ 99.8 %
<br />Connection charges 8,250 74,265 9,075 (65,190) 12.2
<br />Other 8,790 67,673 1,416 (66,257) 2.1
<br />Interest earnings 3,000 4,272 10,822 6,550 253.3
<br />TOTAL REVENUES 2,053,940 613,904 487,891 (126,013) 79.5
<br />EXPENSES
<br />Personnel expenses 443,780 174,446 188,415 (13,969) 108.0
<br />Supplies and materials 13,200 5,264 6,787 (1,523) 128.9
<br />Other services and charges 331,300 128,141 118,290 9,852 92.3
<br />Wastewater charges 808,270 444,339 471,488 (27,149) 106.1
<br />Depreciation 184,310 ‐ ‐ ‐ N/A
<br />Capital expenses 124,390 ‐ ‐ ‐ N/A
<br />Debt service 36,750 12,692 31,125 (18,433) 245.2
<br />TOTAL EXPENSES 1,942,000 764,882 816,105 (51,222) 106.7
<br />Bond Proceeds ‐ ‐ ‐ ‐ N/A
<br />Transfers out 126,000 ‐ ‐ ‐ N/A
<br />EXCESS (DEFICIT) REVENUES OVER EXPENSES (14,060)$ (150,978)$ (328,213)$ (177,235)$ 217.4 %
<br />CITY OF ARDEN HILLS, MINNESOTA
<br />STATEMENT OF REVENUES AND EXPENSES
<br />BUDGET AND ACTUAL
<br />FOR THE SIX MONTHS ENDED JUNE 30, 2020
<br />SEWER FUND
<br />Q1 Q2 Q3 Q4
<br />2018 1,159.61 425,076.18 866,393.58 1,762,274.59
<br />2019 1,324.73 466,397.81 947,285.11 1,886,338.25
<br />2020 533.31 466,578.34 ‐‐
<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
|