|
<br /> Sewer Fund
<br /> Monthly Financial Report
<br /> Month Ended December 31, 2006
<br /> MTD YTD Budget Variance % of Budget
<br /> 12131/06 2006 2006 +(-) Used
<br />Operating Revenue:
<br />Charges for Services 2,644.65 287,849.81 230,000.00 (57,849.81) 125.15%
<br />Total Operating Revenue 2,644.85 287,849.81 230,000.00 (&7,849.81) 125.15%
<br />Operating Expenses:
<br />Salaries and Benefits 4,748.97 78,808.80 63,n9.oo (15,029.80) 123.57%
<br />Professional Services 0.00 43,304.28 10,000.00 (33,304.28) 433.04%
<br />Supplies 350.94 7,642.61 13,550.00 5,907.39 56.40%
<br />MCES Disposal Charges 12,344.38 144,470.44 130,000.00 (14,470.44) 111.13%
<br />Utilities 144.05 1,714.56 1,500.00 (214.56) 114.30%
<br />Depreciation 0.00 0.00 30,000.00 30,000.00 0.00%
<br />Total Operating Expenses 17,588.34 275,940.&9 248,829.00 (27,111.&9) 110.90%
<br />OPERATING INCOME (14,943.&9) 11,909.12 (18,829.00) (30,738.12) -83.25%
<br />Nonoperating Revenue (Expense)
<br />Interest on Investments 4,488.64 73,572.67 26,000.00 (47,572.67) 282.97%
<br />Special Assessments 18,099.19 46,096.15 50,000.00 3,903.85 92.19%
<br />Hookup Fees and Unit Charges 2,165.50 39,482.50 80,500.00 41,017.50 49.05%
<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 24,763.33 134,019.23 147,719.76 13,700.62 90.73%
<br />(Expense)
<br />INCOME BEFORE OPERATING 9,809.64 145,928.36 128,890.76 (17,037.60) 113.22%
<br />TRANSFERS
<br />OPERATING TRANSFERS OUT 0.00 0.00 0.00 0.00 0.00%
<br />NET INCOME 9,809.64 145,928.36 128,890.76 (17,037.60) 113.22%
<br />CREDIT FOR DEPRECIATION ON 0.00 . 0.00 0.00 0.00 0.00%
<br />CONTRIBUTED ASSETS
<br />NET INCREASE IN RETAINED 9,809.64 145,928.36 128,890.76 (17,037.60) 113.22%
<br /> .
<br />EARNINGS
<br />PREPARED BY:
<br />JOHN MEYER
<br />FINANCE DIRECTOR
<br />
<br />
<br />
<br />
<br />1/912007
<br />
<br />3:36 PM
<br />
<br />budget report sewer OS.xls
<br />
|