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<br /> Sewer Fund
<br />e Monthly Financial Report
<br />.'E.'i.ij;fi'liCJ'I; Month Ended August 31, 20D3
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<br /> MTD YTD Budget Variance
<br /> 08131103 2003 2003 +(-)
<br />Operating Revenue:
<br />Charges for Services 33,626.36 174,519.44 210,000.00 35,480.56 83.10%
<br />Total Operating Revenue 33,628.38 174,519.44 210,000.00 35,480.56 83.10%
<br />Operating Expenses:
<br />Salaries and Bene1ilB 3,446.27 27,834.76 44,792.00 16,957.24 62.14%
<br />Supp6es 228.28 495.52 4,500.00 4,004.48 11.01%
<br />Other Services and Charges 195.94 11,488.81 10,000.00 (1,488.81) 114.89%
<br />Utilities 12.08 719.19 1,500.00 780.81 47.95%
<br />MCES Disposal Charges 9,472.67 81,414.66 130,000.00 48,585.34 62.63%
<br />Depreciation 0.00 0.00 0.00 0.00 0.00%
<br />Total Operating Expenses 13,355.24 121,952.94 190,792.00 68,839.06 83.92%
<br />OPERATING INCOME 20,271.12 52,586.50 19,208.00 (33,356.50) 273.67%
<br />Nonoperating Revenue (Expense):
<br />Interest on Investments 1,821.00 19,469.00 28,000.00 8,531.00 69.53%
<br />Special Assessments 0.00 22,224.14 50,000.00 27,n5.86 44.45%
<br />Hook up Fees and Unit Charges 10,On.25 74,457.25 35,000.00 (39,457.25) 212.74%
<br />Interest & FISC8/ 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 11,898.25 103,305.14 101,410.00 (1,895.14) 101.87%
<br />(Expense)
<br />INCOME BEFORE OPERATING 32, 189.37 155,871.84 120,618.00 (35,253.84) 129.23%
<br />TRANSFERS
<br />OPERAnNG TRANSFERS OUT 0.00 0.00 (15,000.00) (15,000.00) 0.00%
<br />NET INCOME 32, 169.37 155,871.84 105,618.00 (50,253.84) 147.58%
<br />CREDIT FOR DEPRECIATION ON 0.00 0.00 0.00 0.00 0.00%
<br />CONTRIBUTED ASSETS
<br />NET INCREASE IN RETAINED 32,189.31 155,811.84 105,618.00 (50,263.84), 147.58%
<br />EARNINGS
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<br />9/4J2003
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<br />10:29 AM
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<br />budget report sewer Aug 03
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