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January 2016 Water and Sewer FundOver 2016 January YTD (Under)% Budget Actual Actual Budget Current Revenue Water Charges 4,303,105 76,644 76,644 (4,226,461)1.78% Emergency Water Supply 183,600 11,470 11,470 (172,130)6.25% Sewer Charges 3,309,260 71,755 71,755 (3,237,505)2.17% Meter Sales 8,000 636 636 (7,364)7.95% MCES Grant Program 0 0 0 0 Penalties 110,000 1,698 1,698 (108,302)1.54% Charges for Other Services 90,000 8,138 8,138 (81,862)9.04% State Water Testing Fee Pass Through 45,500 176 176 (45,324)0.39% Sale of Assets 10,000 0 0 (10,000)0.00% Franchise Fees (One year only)700,000 0 0 (700,000)0.00% Certificate of Compliance 75,000 2,300 2,300 (72,700)3.07% Interest Earnings 15,000 0 0 (15,000)0.00% Total Revenue 8,849,465 172,817 172,817 (8,676,648)1.95% Expenses: Utility Administration 2,526,190 38,247 38,247 (2,487,943)1.51% Sewer Maintenance 2,723,660 345,061 345,061 (2,378,599)12.67% Water Maintenance 4,655,120 36,736 36,736 (4,618,384)0.79% Total Expenses 9,904,970 420,044 420,044 (9,484,926)4.24% City of Golden Valley Monthly Budget Report - Water and Sewer Utility Enterprise Fund January, 2016 (unaudited)