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150 Sanitary Sewer Fund Summary <br />1 w,, 1 The following table depicts the 2008 financial activity for the Sanitary Sewer Fund for the fiscal period <br />1 ending Septemer _30, 2008 unaudited). <br />1 3 <br />Revenues <br />Charges for services <br />Interest earnings <br />Miscellaneous <br />Total Revenues <br />Expenditures <br />Sanitary Sewer <br />op erations <br />Other <br />2008 <br />2008 <br />% <br />% <br />uB <br />Actual <br />Actual <br />Expect. <br />Diff. <br />3.1399.1270 <br />1.1923.1023 <br />56.6% <br />45.5% <br />11.1% <br />100.1000 <br />-1 <br />0.0% <br />0.0% <br />0.0% <br />-1 <br />47.1609 <br />n/a <br />n/a <br />n/a <br />.14 .1270 <br />1.1970.1632 <br />56.3% <br />45.0% <br />11.3% <br />3.1909.1450 2.1626.1557 67.2% 69.7% -2.6% <br />-1 -1 n/a n/a n/a <br />Total Expenditures $ 3.1909.1450 $ 2.1626.1557 67.2% 69.7% -2.6% <br />155 Comments.- <br />1 Sanitary Sewer Fund revenues are above expected levels due to timing differences in billing out P quarter <br />1 w, charges as compared to previous years. Expenditures are below expected levels due to lower than budgeted <br />1 costs associated with wastewater treatment paid to the Met Council. <br />1 9 <br />160 The Sanitary Sewer Fund is currently in good financial condition with a cash reserve of $,3 o I million or <br />16 1 85% of the annual operating budget. An internal loan of $,500,000 has been made to the Water Fund to <br />162 cover that fund's prior-period operating losses. <br />Page 10 of 14 <br />