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<br /> Sewer Fund
<br /> Monthly Financial Report
<br /> Month Ended November 30, 2005
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<br /> MTD YTD Budget Variance % of Budget
<br /> 11/30/05 2005 2005 +(-) Used
<br />Operating Revenue:
<br />Charges for Services 40,085.63 276,998.60 230,000.00 (46,998.60) 120.430/0
<br />Total Operating Revenue 40,085.63 276,998.60 230,000.00 (46,998.60) 120.43%
<br />Operating Expenses:
<br />Salaries and Benefits 4,489.37 52,582.41 63,779.00 11,196.59 82.440/0
<br />Professional Services 0.00 55,971.50 10,000.00 (45,971.50) 559.720/0
<br />Supplies 361.85 3,577.63 13,550.00 9,972.37 26.400/0
<br />MCES Disposal Charges 11,457.76 137,493.12 130,000.00 (7,493.12) 105.76%
<br />Utilities 172.00 3,056.85 1,500.00 (1,556.85) 203.79%
<br />Depreciation 0.00 0.00 30,000.00 30,000.00 0.000/0
<br />Total Operating Expenses 16,480.98 252,681.51 248,829.00 (3,852.51 ) 101.55%
<br />OPERATING INCOME 23,604.65 24,317.09 (18,829.00) (43,146.09) -129.15%
<br />Nonoperating Revenue (Expense)
<br />Interest on Investments 3,024.01 59,916.50 26,000.00 (33,916.50) 0.000/0
<br />Special Assessments 0.00 15,891.84 50,000.00 34,108.16 31.780/0
<br />Hook up Fees and Unit Charges 24,316.00 64,840.50 80,500.00 15,659.50 80.55%
<br />Other Equipment (273.02) (73,519.78) 0.00 73,519.78 0.00%
<br />Interest Expense 0.00 (8,595.00) (8,780.25) (185.25) 97.89%
<br />Refunds & Reimbursements Rev 0.00 5,771.38 0.00 (5,771.38) 0.000/0
<br />Refunds & Reimbursements Exp 0.00 0.00 0.00 0.00 0.00%
<br />Total Nonoperating Revenue 27,066.99 64,305.44 147,719.75 83,414.31 43.530/0
<br />(Expense)
<br />INCOME BEFORE OPERATING 50,671.64 88,622.53 128,890.75 40,268.22 68.76%
<br />TRANSFERS
<br />OPERATING TRANSFERS OUT 0.00 0.00 0.00 0.00 0.000/0
<br />NET INCOME 50,671.64 88,622.53 128,890.75 40,268.22 68.760/0
<br />CREDIT FOR DEPRECIATION ON 0.00 0.00 0.00 0.00 0.00%
<br />CONTRIBUTED ASSETS
<br />NET INCREASE IN RETAINED 50,671.64 88,622.53 128,890.75 40,268.22 68.76%
<br />EARNINGS
<br />PREPARED BY:
<br />JOHN MEYER
<br />FINANCE DIRECTOR
<br />
<br />
<br />12/8/2005
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<br />3:43 PM
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<br />budget report sewer nov 05
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