Loading...
February 2016 Water and Sewer Fund City of Golden Valley Monthly Budget Report-Water and Sewer Utility Enterprise Fund February, 2016(unaudited) Over 2016 February YTD (Under) Budget Actual Actual Budget Current Revenue Water Charges 4,303,105 286,839 363,482 (3,939,623) 8.45% Emergency Water Supply 183,600 10,261 21,731 (161,869) 11.84% Sewer Charges 3,309,260 278,784 350,539 (2,958,721) 10.59% Meter Sales 8,000 367 1,003 (6,997) 12.54% MCES Grant Program 0 0 0 0 Penalties 110,000 1,698 1,698 (108,302) 1.54% Charges for Other Services 90,000 14,188 24,025 (65,975) 26.69% State Water Testing Fee Pass Through 45,500 3,999 4,175 (41,325) 9.18% 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 7,500 9,800 (65,200) 13.07% Interest Earnings 15,000 0 0 (15,000) 0.00% Total Revenue 8,849,465 603,636 776,453 (8,073,012) 8.77% Expenses: Utility Administration 2,526,190 36,635 74,883 (2,451,307) 2.96% Sewer Maintenance 2,723,660 199,688 544,749 (2,178,911) 20.00% Water Maintenance 4,655,120 246,765 283,501 (4,371,619) 6.09% Total Expenses 9,904,970 483,088 903,133 (9,001,837) 9.12%