February 2014 Water and Sewer Utility Fund City of Golden Valley
Monthly Budget Report-Water and Sewer Utility Enterprise Fund
February, 2014(unaudited)
Over
2014 February YTD (Under) %
Budget Actual Actual Budget Current
Revenue
Water Charges 4,251,750 256,281 357,435 (3,894,315) 8.41%
Sewer Charges 3,300,970 268,997 346,104 (2,954,866) 10.48%
Meter Sales 5,000 100 410 (4,590) 8.20%
MCES Grant Program 118,730 0 0 (118,730)
Penalties 110,000 1,569 2,787 (107,213) 2.53%
Charges for Other Services 230,000 15,028 18,844 (211,156) 8.19%
State Water Testing Fee Pass Through 45,000 3,974 4,152 (40,848) 9.23%
Certificate of Compliance 70,000 7,950 13,450 (56,550) 19.21%
Interest Earnings 35,000 0 0 (35,000) 0.00%
Total Revenue 8,166,450 553,899 743,182 (7,423,268) 9.10%
Expenses:
Utility Administration 1,377,255 78,380 146,190 (1,231,065) 10.61%
Sewer Maintenance 2,488,530 170,005 474,679 (2,013,851) 19.07%
Water Maintenance 4,363,650 837,028 894,392 (3,469,258) 20.50%
Total Expenses 8,229,435 1,085,413 1,515,261 (6,714,174) 18.41%