February 2018 Water and Sewer FundOver
2018 February YTD (Under)%
Budget Actual Actual Budget Current
Revenue
Water Charges 4,571,280 334,866 431,510 (4,139,770)9.44%
Emergency Water Supply 183,080 15,772 20,454 (162,626)11.17%
Sewer Charges 3,512,300 361,245 450,982 (3,061,318)12.84%
Meter Sales 20,000 3,247 6,660 (13,340)33.30%
Penalties 130,000 (3,751)13,936 (116,064)10.72%
Charges for Other Services 100,000 4,505 24,364 (75,636)24.36%
State Water Testing Fee Pass Through 46,000 3,999 4,171 (41,829)9.07%
Sale of Assets 10,000 0 0 (10,000)0.00%
Franchise Fees 1,000,000 0 0 (1,000,000)0.00%
Certificate of Compliance 75,000 6,750 10,400 (64,600)13.87%
Interest Earnings 25,000 0 0 (25,000)0.00%
Total Revenue 9,672,660 726,633 962,477 (8,710,183)9.95%
Expenses:
Utility Administration 2,930,400 270,385 434,477 (2,495,923)14.83%
Sewer Maintenance 3,088,750 232,279 450,042 (2,638,708)14.57%
Water Maintenance 4,712,065 697,817 736,197 (3,975,868)15.62%
Total Expenses 10,731,215 1,200,481 1,620,716 (9,110,499)15.10%
City of Golden Valley
Monthly Budget Report - Water and Sewer Utility Enterprise Fund
February 2018 (unaudited)