March 2018 Water and Sewer FundOver
2018 March YTD (Under)%
Budget Actual Actual Budget Current
Revenue
Water Charges 4,571,280 240,614 672,125 (3,899,155)14.70%
Emergency Water Supply 183,080 11,355 31,810 (151,270)17.37%
Sewer Charges 3,512,300 248,515 699,498 (2,812,802)19.92%
Meter Sales 20,000 3,404 10,064 (9,936)50.32%
Penalties 130,000 32,559 46,495 (83,505)35.77%
Charges for Other Services 100,000 2,608 26,969 (73,031)26.97%
State Water Testing Fee Pass Through 46,000 3,394 7,565 (38,435)16.45%
Sale of Assets 10,000 1,500 1,500 (8,500)15.00%
Franchise Fees 1,000,000 0 0 (1,000,000)0.00%
Certificate of Compliance 75,000 8,650 19,050 (55,950)25.40%
Interest Earnings 25,000 0 0 (25,000)0.00%
Total Revenue 9,672,660 552,599 1,515,076 (8,157,584)15.66%
Expenses:
Utility Administration 2,930,400 58,235 496,483 (2,433,917)16.94%
Sewer Maintenance 3,088,750 241,757 875,497 (2,213,253)28.34%
Water Maintenance 4,712,065 245,942 982,139 (3,729,926)20.84%
Total Expenses 10,731,215 545,934 2,354,119 (8,377,096)21.94%
City of Golden Valley
Monthly Budget Report - Water and Sewer Utility Enterprise Fund
March 2018 (unaudited)