|
<br /> -
<br /> Sewer Fund
<br /> Monthly Financial Report
<br /> Month Ended November 30, 2007
<br /> -
<br /> MTD YTD Budget Variance 0/0 of Budget
<br /> 11/30/07 2007 2007 +(-) Used
<br />Operating Revenue:
<br />Charges for Services 29,525.97 198,962.93 260,000.00 61,037.07 76.520/0
<br />Total Operating Revenue 29,525.97 198,962.93 260,000.00 61,037.07 76.520/0
<br />Operating Expenses:
<br />Salaries and Benefits 8,277.72 68,907.71 65,000.00 (3,907.71 ) 106.010/0
<br />Professional Services 1 ,035.78 7,773.67 5,000.00 (2,773.67) 155.470/0
<br />Supplies 286.53 11 ,269.28 10,000.00 (1,269.28) 112.69%
<br />MCES Disposal Charges 12,344.38 148,131.96 149,000.00 868.04 99.42%
<br />Utilities 261.67 2,248.64 1,000.00 (1 ,248.64 ) 224.86%
<br />Depreciation 0.00 0.00 90,000.00 90,000.00 0.00%
<br />Total Operating Expenses 22,206.08 238,331.26 320,000.00 81,668.74 74.48%
<br />OPERATING INCOME 7,319.89 (39,368.33) (60,000.00) . (20,631.67) 0.00%
<br />Nonoperating Revenue (Expense)
<br />Interest on Investments 1 ,033.26 84,981.89 60,000.00 (24,981.89) 141.6401'0
<br />Special Assessments 0.00 7,057.02 40,000.00 32,942.98 17.640/0
<br />Hook up Fees and Unit Charges 0.00 54,668.75 50,000.00 (4,668.75) 109.340/0
<br />Other Equipment 750.04 (1,309.94) 0.00 1,309.94 0.000/0
<br />Interest Expense 0.00 0.00 (9,000.00) (9,000.00) 0.000/0
<br />Refunds & Reimbursements Rev 0.00 0.00 0.00 0.00 0.000/0
<br />Refunds & Reimbursements Exp 0.00 0.00 0.00 0.00 0.000/0
<br />Total Nonoperating Revenue 1,783.30 145,397.72 141,000.00 ( 4,397.72) 103.120/0
<br />(Expense)
<br />INCOME BEFORE OPERATING 9,103.19 106,029.39 81,000.00 (25,029.39) 130.90%
<br />TRANSFERS
<br />OPERATING TRANSFERS OUT 0.00 0.00 0.00 0.00 0.000/0
<br />NET INCOME 9,103.19 106,029.39 81,000.00 (25,029.39) 130.90%
<br />CREDIT FOR DEPRECIATION ON 0.00 0.00 0.00 0.00 0.00%
<br />CONTRIBUTED ASSETS
<br />NET INCREASE IN RETAINED 9,103.19 106,029.39 81,000.00 (25,029.39) 130.900/0
<br />EARNINGS
<br />PREPARED BY:
<br />JOHN MEYER
<br />FINANCE DIRECTOR
<br />
<br />
<br />12/21/2007
<br />
<br />2:43 PM
<br />
<br />budget report sewer 07.xls
<br />
|