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189 Sanitary Sewer Fund Summary <br />190 The following table depicts the 2008 financial activity for the Sanitary Sewer Fund for the fiscal period <br />1 <br />191 ending June 30, 2008 (unaudited). <br />192 <br />193 <br />194 Comments.- <br />195 Sanitary Sewer Fund revenues and expenditures are above expected levels, but not significantly. <br />196 <br />197 The Sanitary Sewer Fund is currently in good financial condition with a cash reserve of $,3 o I million or <br />198 85% of the annual operating budget. An internal loan of $,500,000 has been made to the Water Fund to <br />199 cover prior-period operating losses. <br />Page 10 of 15 <br />2008 <br />2008 <br />% <br />% <br />uB <br />Actual <br />Actual <br />Expect. <br />Diff. <br />Revenues <br />Charges for services <br />3.1399.1270 <br />872.1496 <br />25.7% <br />23.9% <br />1.8% <br />Interest earnings <br />100.1000 <br />0.0% <br />0.0% <br />0.0% <br />Miscellaneous <br />-1 <br />n/a <br />n/a <br />n/a <br />Total Revenues <br />.14 .1270 <br />872.1496 <br />24.9% <br />23.1% <br />1.9% <br />Expenditures <br />Sanitary Sewer op erations <br />3.1909.1450 <br />1.1723.1596 <br />44.1% <br />41.1% <br />3.0% <br />Other <br />-1 <br />-1 <br />n/a <br />n/a <br />n/a <br />Total Expenditures <br />3.1909.1450 <br />1.1723.1596 <br />44.1 % <br />41.1% <br />3.0% <br />193 <br />194 Comments.- <br />195 Sanitary Sewer Fund revenues and expenditures are above expected levels, but not significantly. <br />196 <br />197 The Sanitary Sewer Fund is currently in good financial condition with a cash reserve of $,3 o I million or <br />198 85% of the annual operating budget. An internal loan of $,500,000 has been made to the Water Fund to <br />199 cover prior-period operating losses. <br />Page 10 of 15 <br />