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Storm Sewer Fund Summary <br />. The following table depicts the 2009 financial activity for the Storm Sewer Fund for the fiscal period <br />� ending March 31, 2009 (unaudited). <br />Revenues <br />Charges for services <br />Interest earnings <br />Miscellaneous <br />Total Revenues <br />2009 2009 % % <br />Bud�et Actual Actual Expect. Diff. <br />$ 1,402,575 $ 97,659 7.0% 10.3% -3.3% <br />50,000 - 0.0% 0.0% 0.0% <br />5,000 10,850 217.0% n/a n/a <br />$ 1,457,575 $ 108,509 7.4% 9.4% -2.0% <br />Expenditures <br />Storm Drainage operations 1,457,575 33,196 <br />Other - - <br />Total Expenditures $ 1,457,575 $ 33,196 <br />2.3% 14.5% -12.2% <br />n/a n/a n/a <br />2.3% 14.5% -12.2% <br />� Comments: <br />� Storm Sewer Fund revenues are near expected levels. Expenditures are below expected levels due to lower <br />� capital replacement costs compared to prior years during the same period. <br />1 <br />� The Storm Sewer Fund is currently in excellent financial condition with a cash reserve of $2.5 million. <br />� This reserve level is expected to decline over the next 10 years due to planned capital improvements. <br />Future rate increases will partially offset the draw down of reserves. <br />Page 12 of 14 <br />