June 2018 Water and Sewer FundOver
2018 June YTD (Under)%
Budget Actual Actual Budget Current
Revenue
Water Charges 4,571,280 456,204 1,865,721 (2,705,559)40.81%(1)
Emergency Water Supply 183,080 20,451 84,584 (98,496)46.20%
Sewer Charges 3,512,300 341,352 1,883,661 (1,628,639)53.63%
Meter Sales 20,000 541 16,011 (3,989)80.06%
Penalties 130,000 752 78,248 (51,752)60.19%
Charges for Other Services 100,000 2,701 54,210 (45,790)54.21%
State Water Testing Fee Pass Through 46,000 3,400 19,154 (26,846)41.64%
Sale of Assets 10,000 0 3,459 (6,541)34.59%
Franchise Fees 1,000,000 0 0 (1,000,000)0.00%
Certificate of Compliance 75,000 9,200 35,800 (39,200)47.73%
Interest Earnings 25,000 0 0 (25,000)0.00%
Total Revenue 9,672,660 834,601 4,040,848 (5,631,812)41.78%
Expenses:
Utility Administration 2,930,400 190,117 871,952 (2,058,448)29.76%
Sewer Maintenance 3,088,750 244,841 1,623,916 (1,464,834)52.58%
Water Maintenance 4,712,065 339,626 1,871,589 (2,840,476)39.72%
Total Expenses 10,731,215 774,584 4,367,457 (6,363,758)40.70%
City of Golden Valley
Monthly Budget Report - Water and Sewer Utility Enterprise Fund
June 2018 (unaudited)