|
Percent
<br />Received or
<br />Expended
<br />Actual Actual Variance ‐Based on
<br />Annual Thru Thru Favorable Actuals Thru
<br />Budget 03/31/21 03/31/22 (Unfavorable) 03/31/22
<br />REVENUES
<br />User charges 2,479,490$ (1,361)$ 1,609$ 2,970$ ‐118.3 %
<br />Connection charges 13,750 ‐ ‐ ‐ N/A
<br />Other 531,950 4,749 10,904 6,155 229.6
<br />Interest earnings 6,400 (6,542) (39,901) (33,359) 609.9
<br />TOTAL REVENUES 3,031,590 (3,154) (27,388) (24,234) 868.4
<br />EXPENSES
<br />Personnel expenses 400,590 71,948 68,703 3,244 95.5
<br />Supplies and materials 59,500 1,713 15,950 (14,237) 931.0
<br />Other services and charges 306,190 53,533 34,323 19,210 64.1
<br />Water purchases 1,134,000 ‐ ‐ ‐ N/A
<br />Depreciation 365,450 ‐ ‐ ‐ N/A
<br />Capital expenses 741,110 ‐ ‐ ‐ N/A
<br />Debt service 250,750 215,875 222,275 (6,400) 103.0
<br />TOTAL EXPENSES 3,257,590 343,069 341,252 1,817 99.5
<br />Bond Proceeds ‐ ‐ ‐ ‐ N/A
<br />Transfers out 100,000 ‐ ‐ ‐ N/A
<br />EXCESS (DEFICIT) REVENUES OVER EXPENSES (326,000)$ (346,223)$ (368,640)$ (22,417)$ 106.5 %
<br />WATER FUND
<br />CITY OF ARDEN HILLS, MINNESOTA
<br />STATEMENT OF REVENUES AND EXPENSES
<br />BUDGET AND ACTUAL
<br />FOR THE THREE MONTHS ENDED MARCH 31, 2022
<br />Q1 Q2 Q3 Q4
<br />2020 ‐445,511.54 971,676.06 2,268,875.28
<br />2021 ‐490,227.97 1,243,040.31 2,747,032.72
<br />2022 1,609.48 ‐‐‐
<br /> $‐
<br /> $0.50
<br /> $1.00
<br /> $1.50
<br /> $2.00
<br /> $2.50
<br /> $3.00
<br />MillionsWater Sales Comparison
|