August 2013 Water and Sewer Utility Fund City of Golden Valley
Monthly Budget Report-Water and Sewer Utility Enterprise Fund
August, 2013 (unaudited)
Over
2013 August YTD (Under) %
Budget Actual Actual Budget Current
Revenue
Water Charges 4,103,415 496,445 2,399,527 (1,703,888) 58.48%
Sewer Charges 3,300,970 303,109 1,930,693 (1,370,277) 58.49%
Meter Sales 5,000 310 4,910 (90) 98.20%
MCES Grant Program 0 125,522 125,522 125,522
Penalties 120,000 4,852 76,043 (43,957) 63.37%
Charges for Other Services 275,000 16,553 185,547 (89,453) 67.47%
State Water Testing Fee Pass Through 43,000 4,077 27,152 (15,848) 63.14%
Certificate of Compliance 60,000 10,000 60,000 0 100.00%
Interest Earnings 50,000 0 0 (50,000) 0.00%
Total Revenue 7,957,385 960,868 4,809,394 (3,147,991) 60.44%
Expenses:
Utility Administration 1,703,005 161,192 809,837 (893,168) 47.55%
Sewer Maintenance 2,291,115 186,382 1,531,416 (759,699) 66.84%
Water Maintenance 4,141,820 416,302 2,364,919 (1,776,901) 57.10%
Total Expenses 8,135,940 763,876 4,706,172 (3,429,768) 57.84%