|
<br /> unaudited
<br /> Sewer Fund
<br />~...
<br />~'e -~ef:oitlb Monthly Financial Report
<br />-- ~!~fi!.j~fi:~;~~"::<;; Month Ended August 31,2005
<br />~~;:~
<br />--~ % of year -
<br />',?e,j(W4/ '" .L"'&:4" 66.67%
<br /> MTD YTD Budget Variance % of Budget
<br /> 08/31/05 2005 2005 +(-) Used
<br />Operating Revenue:
<br />Charges for Services 48,774.77 203,519.12 230,000.00 26,480.88 88.49%
<br />Total Operating Revenue 48,774.77 203,519.12 230,000.00 26,480.88 88.49%
<br />Operating Expenses:
<br />Salaries and Benefits 4,435.44 38,971.41 63,779.00 24,807.59 61.10%
<br />Professional Services 0.00 55,971.50 10,000.00 (45,971.50) 0.00%
<br />Sewer Cleaning & Inspection 0.00 49,070.85 0.00 (49,070.85) NA
<br />Supplies 72.81 907.13 13,550.00 12,642.87 6.69%
<br />Other Services and Charges 0.00 0.00 0.00 0.00 0.00%
<br />Utilities 121.35 3,534.97 1,500.00 (2,034.97) 235.66%
<br />MCES Disposal Charges 11,457.76 103,119.84 130,000.00 26,880.16 79.32%
<br />Depreciation 0.00 0.00 30,000.00 30,000.00 0.00%
<br />Total Operating Expenses 16,087.36 202,504.85 248,829.00 (2,746.70) 81.38%
<br />OPERATING INCOME 32,687.41 1,014.27 (18,829.00) 29,227.58 -5.39%
<br />Nonoperating Revenue (Expense):
<br />Interest on Investments 4,832.48 42,842.95 26,000.00 ( 16,842.95) 164.78%
<br />Special Assessments 0.00 15,891.84 50,000.00 34,108.16 31.78%
<br />Hook up Fees and Unit Charges 2,164.50 36,195.50 80,500.00 44,304.50 44.96%
<br />Interest & Fiscal Charges (3,831.88) (8,595.00) (8,587.25) 7.75 100.09%
<br />Capital Improvement (362.70) (6,115.67) 0.00 6,115.67 0.00%
<br />Contributions from Other Funds 0.00 0.00 0.00 0.00 0.00%
<br />Refunds & Reimbursements 219.34 219.34 0.00 (219.34) 0.00%
<br />Total Nonoperating Revenue 3,021.74 80,438.96 147,912.75 67,473.79 54.38%
<br />(Expense)
<br />INCOME BEFORE OPERATING 35,709.15 81,453.23 129,083.75 96,701.37 63.10%
<br />TRANSFERS
<br />OPERATING TRANSFERS OUT 0.00 0.00 0.00 0.00 0.00%
<br />NET INCOME 35,709.15 81,453.23 129,083.75 47,630.52 63.10%
<br />CREDIT FOR DEPRECIATION ON 0.00 0.00 0.00 0.00 0.00%
<br />CONTRIBUTED ASSETS
<br />NET INCREASE IN RETAINED 35,709.15 81,453.23 129,083.75 47,630.52 63.10%
<br />EARNINGS
<br />PREPARED BY:
<br />JOHN MEYER
<br />FINANCE DIRECTOR
<br />
<br />9/9/2005
<br />
<br />11 :09 AM
<br />
<br />budget report sewerAugust05
<br />
|