June 2013 Water and Sewer Utility Fund City of Golden Valley
Monthly Budget Report-Water and Sewer Utility Enterprise Fund
June, 2013(unaudited)
Over
2013 June YTD (Under) %
Budget Actual Actual Budget Current
Revenue
Water Charges 4,103,415 269,816 1,491,675 (2,611,740) 36.35%
Sewer Charges 3,300,970 224,086 1,343,264 (1,957,706) 4Q.69%
Meter Sales 5,000 (746) 4,600 (400) 92.00%
MCES Grant Program 0 0 0 0
Penalties 120,000 13,924 58,517 (61,483) 48.76%
Charges for Other Services 275,000 3,351 21,769 (253,231) 7.92%
State Water Testing Fee Pass Through 43,000 3,391 19,005 (23,995) 44.20%
Certificate of Compliance 60,000 6,550 42,350 (17,650) 70.58%
Interest Earnings 50,000 0 0 (50,000) 0.00%
Total Revenue 7,957,385 520,372 2,981,180 (4,976,205) 37.46%
Expenses:
Utility Administration 1,703,005 145,174 1,303,158 (399,847) 76.52%
Sewer Maintenance 2,291,115 188,792 327,409 (1,963,706) 14.29%
Water Maintenance 4,141,820 289,414 1,618,500 (2,523,320) 39.08%
Total Expenses 8,135,940 623,380 3,249,067 (4,886,873) 39.93%