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<br /> Sewer Fund
<br /> Monthly Financial Report
<br /> Month Ended November 31, 2003
<br /> MID YTD Budget Variance % of Budget
<br /> 11130/03 2003 2003 +(-) Used
<br />Operating Revenue:
<br />Charges for Services 34,956.32 240,167.62 210,000.00 (30,167.62) 114.37%
<br />Total Operating Revenue 34,956.32 240,167.62 210,000.00 (30,167.62) 114.37%
<br />Operating Expenses:
<br />Salaries and Benefits 3,363.95 37,991.74 44,792.00 6,800.26 84.82%
<br />Supplies 19.50 536.12 4,500.00 3,963.88 11.91 %
<br />Other Services and Charges 275.70 13,083.15 10,000.00 (3,083.15) 130.83%
<br />Utilities 106.50 1,271.53 1,500.00 228.47 84.n%
<br />MCES Disposal Charges 11,808.33 116,839.65 130,000.00 13,160.35 89.88%
<br />Depreciation 0.00 0.00 0.00 0.00 0.00%
<br />Total Operating Expenses 15,573.98 169,722.19 190,792.00 21,069.81 88.96%
<br />OPERATING INCOME 19,382.34 70,445.43 19,208.00 (51,237.43) 366.75%
<br />Nonoperating Revenue (Expense):
<br />Interest on Investments 1,218.00 32,402.00 28,000.00 (4,402.00) 115.72%
<br />Special Assessments 0.00 22,224.14 50,000.00 27,n5.86 44.45%
<br />Hook up Fees and Unit Charges 4,025.50 90,548.25 35,000.00 (55,548.25) 258.71%
<br />Interest & Fiscal Charges 0.00 (12,845.25) (11,590.00) 1,255.25 110.83%
<br />Refunds & Reimbursements 0.00 0.00 0.00 0.00 0.00%
<br />Total Nonoperating Revenue 5,243.50 132,329.14 101,410.00 (30,919.14) 130.49%
<br />(Expense)
<br />INCOME BEFORE OPERATING 24,625.84 202,774.57 120,618.00 (82,156.57) 168.11%
<br />TRANSFERS
<br />OPERATING TRANSFERS OUT 0.00 0.00 (15,000.00) (15,000.00) 0.00%
<br />NET INCOME 24,625.84 202,774.57 105,618.00 (97,156.57) 191.99%
<br />CREDIT FOR DEPRECIATION ON 0.00 0.00 0.00 0.00 0.00%
<br />CONTRIBUTED ASSETS
<br />NET INCREASE IN RETAINED 24,625.84 202,774.57 105,618.00 (97,156.57) 191.99%
<br />EARNINGS
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<br />12/412003
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<br />12:23 PM
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<br />budget report sewer Nov 03.xIs
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