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<br /> Sewer Fund
<br /> Monthly Financial Report
<br /> Month Ended July 31, 2006
<br />:- -:. ~ . ...
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<br /> MTD YTD Budget Variance
<br /> 7/31/06 2006 2006 +(-)
<br />Operating Revenue:
<br />Charges for Services 18,596.34 157,907.61 230,000.00 72,092:39-. .. 68.66%
<br />Total Operating Revenue 18,596.34 157,907.61 230,000.00 72,092.39 68.66%
<br />Operating Expenses:
<br />Salaries and Benefits 5,221.82 52,485.04 63,779.00 11,293.96 82.29%
<br />Professional Services 11,999.01 14,539.03 10,000.00 (4,539.03) 145.39%
<br />Supplies 365.96 4,611.20 13,550.00 8,938.80 34.03%
<br />MCES Disposal Charges 12,011.46 84,080.22 130,000.00 45,919.78 64.68%
<br />Utilities 116.48 1,090.53 1,500.00 409.47 72.70%
<br />Depreciation 0.00 0.00 30,000.00 30,000.00 0.00%
<br />Total Operating Expenses 29,714.73 156,806.02 248,829.00 92,022.98 63.02%
<br />OPERATING INCOME (11,118.39) 1,101.59 (18,829.00) (19,930.59) -5.85%
<br />Nonoperating Revenue (Expense)
<br />Interest on Investments 1,375.11 39,119.57 26,000.00 (13,119.57) 150.46%
<br />Special Assessments 19,706.77 27,996.96 50,000.00 22,003.04 55.99%
<br />Hook up Fees and Unit Charges 6,496.50 26,489.50 80,500.00 54,010.50 32.91 %
<br />Other Equipment (15,000.00) (17,135.54) 0.00 17,135.54 0.00%
<br />Interest Expense 0.00 (55.00) (8,780.25) (8,725.25) 0.63%
<br />Refunds & Reimbursements Rev 0.00 43.45 0.00 (43.45) 0.00%
<br />Refunds & Reimbursements Exp 0.00 0.00 0.00 0.00 0.00%
<br />Total Nonoperating Revenue 12,578.38 76,458.94 147,719.75 71,260.81 51.76%
<br />(Expense)
<br />INCOME BEFORE OPERATING 1,459.99 77,560.53 128,890.75 51,330.22 60.18%
<br />TRANSFERS
<br />OPERATING TRANSFERS OUT 0.00 0.00. 0.00 0.00 0.00%
<br />NET INCOME 1,459.99 77,560.53 128,890.75 51,330.22 60.18%
<br />CREDIT FOR DEPRECIATION ON 0.00 0.00 0.00 0.00 0.00%
<br />CONTRIBUTED ASSETS
<br />NET INCREASE IN RETAINED 1,459.99 77,560.53 128,890.75 51,330.22 60.18%
<br />EARNINGS
<br />PREPARED BY:
<br />JOHN MEYER
<br />FINANCE DIRECTOR
<br />
<br />
<br />
<br />8/8/2006
<br />
<br />1 :45 PM
<br />
<br />budget report sewer 06.xls
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