April 2014 Water and Sewer Utility Fund City of Golden Valley
Monthly Budget Report-Water and Sewer Utility Enterprise Fund
April,2014(unaudited)
Over
2014 April YTD (Under) %
Budget Actual Actual Budget Current
Revenue
Water Charges 4,251,750 292,757 846,795 (3,404,955) 19.92%
Sewer Charges 3,300,970 312,378 880,021 (2,420,949) 26.66%
Meter Sales 5,000 1,373 3,013 (1,987) 60.26%
MCES Grant Program 118,730 0 0 (118,730)
Penalties 110,000 12,589 15,376 (94,624) 13.98%
Charges for Other Services 230,000 146,050 166,187 (63,813) 72.26%
State Water Testing Fee Pass Through 45,000 4,074 11,586 (33,414) 25.75%
Certificate of Compliance 70,000 9,600 29,150 (40,850) 41.64%
Interest Earnings 35,000 0 0 (35,000) 0.00%
Total Revenue 8,166,450 778,821 1,952,128 (6,214,322) 23.90%
Expenses:
Utility Administration 1,377,255 235,059 402,810 (974,445) 29.25%
Sewer Maintenance 2,488,530 192,152 863,150 (1,625,380) 34.69%
Water Maintenance 4,363,650 259,739 1,407,415 (2,956,235) 32.25%
Total Expenses 8,229,435 686,950 2,673,375 (5,556,060) 32.49%