March 2015 Water and Sewer Utility Fund City of Golden Valley
Monthly Budget Report-Water and Sewer Utility Enterprise Fund
March, 2015(unaudited)
Over
2015 March YTD (Under)
Budget Actual Actual Budget Current
Revenue
Water Charges 4,360,500 217,013 548,997 (3,811,503) 12.59%
Emergency Water Supply 183,600 8,660 27,687 (155,913) 15.08%
Sewer Charges 3,276,450 229,439 564,617 (2,711,833) 17.23%
Meter Sales 8,000 1,101 1,836 (6,164) 22.95%
MCES Grant Program 0 0 19,200 19,200
Penalties 110,000 28,509 41,672 (68,328) 37.88%
Charges for Other Services 90,000 13,341 49,018 (40,982) 54.46%
State Water Testing Fee Pass Through 45,500 3,986 4,166 (41,334) 9.16%
Sale of Assets 10,000 0 0 (10,000) 0.00%
Certificate of Compliance 75,000 3,625 13,075 (61,925) 17.43%
Interest Earnings 15,000 0 0 (15,000) 0.00%
Total Revenue 8,174,050 505,674 1,270,268 (6,903,782) 15.54%
Expenses:
Utility Administration 2,436,590 184,337 236,632 (2,199,958) 9.71%
Sewer Maintenance 2,752,485 202,182 557,063 (2,195,422) 20.24%
Water Maintenance 4,571,485 217,940 912,141 (3,659,344) 19.95%
Total Expenses 9,760,560 604,459 1,705,836 (8,054,724) 17.48%