May 2013 Water and Sewer Utility Fund City of Golden Valley
Monthly Budget Report-Water and Sewer Utility Enterprise Fund
May, 2013(unaudited)
Over
2013 May YTD (Under) %
Budget Actual Actual Budget Current
Revenue
Water Charges 4,103,415 301,399 1,221,859 (2,881,556) 29.78%
Sewer Charges 3,300,970 290,427 1,119,177 (2,181,793) 33.90%
Meter Sales 5,000 2,601 5,346 346 106.92�0
MCES Grant Program 0 0 0 0
Penalties 120,000 10,453 44,593 (75,407) 37.16%
Charges for Other Services 275,000 1,666 18,420 (256,580) 6.70%
State Water Testing Fee Pass Through 43,000 3,999 15,613 (27,387) 36.31%
Certificate of Compliance 60,000 14,150 35,800 (24,200) 59.67%
Interest Earnings 50,000 0 0 (50,000) 0.00%
Total Revenue 7,957,385 624,695 2,460,808 (5,496,577) 30.92%
Expenses:
Utility Administration 1,703,005 58,156 320,035 (1,382,970) 18.79%
Sewer Maintenance 2,291,115 173,628 977,312 (1,313,803) 42.66%
Water Maintenance 4,141,820 254,623 1,328,086 (2,813,734) 32.07%
Total Expenses 8,135,940 486,407 2,625,433 (5,510,507) 32.27%