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<br />
<br /> Sewer Fund
<br /> Monthly Financial Report
<br /> Month Ended September 3D, 2006
<br /> MTD YTD Budget Variance
<br /> 9/30/06 2006 2006 +(-)
<br />Operating Revenue:
<br />Charges for Services 5,112.70 212,238.16 230,000.00 17,761.84 92.28%
<br />Total Operating Revenue 5,112.70 212,238.16 230,000.00 17,761.84 92.28%
<br />Operating Expenses:
<br />Salaries and Benefits 4,866.25 62,455.52 63,779.00 1,323.48 97.92%
<br />Professional Services 0.00 43,304.28 10,000.00 (33,304.28) 433.04%
<br />Supplies 3,184.86 6,650.12 13,550.00 6,899.88 49.08%
<br />MCES Disposal Charges 12,011.46 108,103.14 130,000.00 21,896.86 83.16%
<br />Utilities 175.23 1,283.93 1,500.00 216.07 85.60%
<br />Depreciation 0.00 0.00 30,000.00 30,000.00 0.00%
<br />Total Operating Expenses 20,237.80 221,796.99 248,829.00 27,032.01 89.14%
<br />OPERATING INCOME (15,125.10) (9,558.83) (18,829.00) (9,270.17) 50.77%
<br />Nonoperating Revenue (Expense)
<br />Interest on Investments 13,059.73 55,224.51 26,000.00 (29,224.51 ) 212.40%
<br />Special Assessments 0.00 27,996.96 50,000.00 22,003.04 55.99%
<br />Hook up Fees and Unit Charges 2,165.50 32,986.00 80,500.00 47,514.00 40.98%
<br />Other Equipment (7,985.00) (25,120.54) 0.00 25,120.54 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 7,240.23 91,075.38 147,719.75 56,644.37 61.65%
<br />(Expense)
<br />INCOME BEFORE OPERATING (7,884.87) 81,516.55 128,890.75 47,374.20 63.24%
<br />TRANSFERS
<br />OPERATING TRANSFERS OUT 0.00 0.00 0.00 0.00 0.00%
<br />NET INCOME (7,884.87) 81,516.55 128,890.75 47,374.20 63.24%
<br />CREDIT FOR DEPRECIATION ON 0.00 0.00 0.00 0.00 0.00%
<br />CONTRIBUTED ASSETS
<br />NET INCREASE IN RETAINED (7,884.87) 81,516.55 128,890.75 47,374.20 63.24%
<br />EARNINGS
<br />PREPARED BY:
<br />JOHN MEYER
<br />FINANCE DIRECTOR
<br />
<br />10/10/2006
<br />
<br />8:52 AM
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<br />budget report sewer 06.xls
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