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<br /> Sewer Fund
<br /> Monthly Financial Report
<br /> Month Ended November 3D, 2006
<br /> MTD YTD Budget Variance % of Budget
<br /> 11/30/06 2006 2006 +(-) Used
<br />Operating Revenue:
<br />Charges for Services 49,767.39 285,205.16 230,000.00 (55,205.16) 124.00%
<br />Total Operating Revenue 49,767.39 285,205.16 230,000.00 (55,205.16) 124.00%
<br />Operating Expenses:
<br />Salaries and Benefits 6,863.93 74,059.83 63,779.00 (10,280.83) 116.12%
<br />Professional Services 0.00 43,304.28 10,000.00 (33,304.28) 433.04%
<br />Supplies 139.43 7,291.67 13,550.00 6,258.33 53.81%
<br />MCES Disposal Charges 12,011.46 132,126.06 130,000.00 (2,126.06) 101.64%
<br />Utilities 132.30 1,570.51 1,500.00 (70.51 ) 104.70%
<br />Depreciation 0.00 0.00 30,000.00 30,000.00 0.00%
<br />Total Operating Expenses 19,147.12 258,352.35 248,829.00 (9,523.35) 103.83%
<br />OPERATING INCOME 30,620.27 26,852.81 (18,829.00) (45,681.81) -142.61%
<br />Nonoperating Revenue (Expense)
<br />Interest on Investments 7,613.25 69,084.03 26,000.00 (43,084.03) 265.71%
<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 37,317.00 80,500.00 43,183.00 46.36%
<br />Other Equipment 0.00 (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 9,778.75 109,265.90 147,719.75 38,453.85 73.97%
<br />(Expense)
<br />INCOME BEFORE OPERATING 40,399.02 136,118.71 128,890.75 (7,227.96) 105.61 %
<br />TRANSFERS
<br />OPERATING TRANSFERS OUT 0.00 0.00 0.00 0.00 0.00%
<br />NET INCOME 40,399.02 136,118.71 128,890.75 (7,227.96) 105.61 %
<br />CREDIT FOR DEPRECIATION ON 0.00 0.00 0.00 0.00 0.00%
<br />CONTRIBUTED ASSETS
<br />NET INCREASE IN RETAINED 40,399.02 136,118.71 128,890.75 (7,227.96) 105.61 %
<br />EARNINGS
<br />PREPARED BY:
<br />JOHN MEYER
<br />FINANCE DIRECTOR
<br />
<br />
<br />
<br />12/6/2006
<br />
<br />11 :11 AM
<br />
<br />budget report sewer 06.xls
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